Boosting Awareness of Tra Vinh’s Potential

Tra Vinh province has intensified investment, trade and tourism promotion activities in recent years. Last year, the Tra Vinh Investment, Trade and Tourism Promotion Centre successfully organised a trade fair on provincial socioeconomic development achievements and a fair on trade, investment, tourism and the cottage village in combination with the Ok-Om-Bok Festival 2010. Its active participation in trade fairs in the country, with innovative methods, has produced better effects. It has also hosted training courses on technology transfer, business and production strategy establishment, and industrial property registration for enterprises in the province. Tourism activities have been further promoted with a wider variety of activities and tours to attract more visitors to the province.

 

The centre has also paid attention to enhancing consultancy for businesses and investors. It has studied and updated legal documents and investment policies at both central and local levels, and information, data, images and maps concerning the province’s master economic development plans. It has also designed investment plans to catch the greater fancy of investors in Tra Vinh province.

 

Long Duc Industrial Park currently houses 21 companies with total registered capital of VND474 billion and US$41.96 million. Seven of them are wholly foreign-invested. In 2010 alone, Tra Vinh Industrial Zones Management Board licensed six investment projects and signed two investment memoranda of understanding.

Mr Pham Van Tam, Director of Tra Vinh Investment, Trade and Tourism Promotion Centre, said: The above-mentioned results are attributed to the support and guidance of central and provincial authorities, as well as coordination and cooperation of local authorities, businesses and investors. Besides, the province continues to exploit its potential to create more competitive advantages. The centre coordinates with relevant units to advise provincial authorities to outline investment projects and catch the attention of investors. Promoters are enthusiastic, dynamic, flexible and creative enough to renovate promotion activities and comprehend State policies to support and advise investors.

 

Regarding 2011 objectives, Mr Tam said the centre will focus on calling investment capital into economic zones and industrial parks in the province. It will strengthen the synchronising of policies and mechanisms, resolve investment procedures, and improve the provincial competitiveness index (PCI) in 2011. It will prioritize trade promotion activities for key industries and products of the province. It will take advantage central authority support to join more national promotion programmes. It will intensify tourism advertisement to attract domestic and international tourists in Tra Vinh province and realise the target of welcoming 200,000 visitors in 2011.