Local Potential and Strengths Are Opportunities for Enterprises

10:29:48 AM | 23/8/2019

Themed "Sustainable Development Cooperation", the Investment Promotion Conference in Vinh Long Province in 2019 witnessed 12 investment projects signed with total investment of over VND47 trillion and more than US$117 million. The event was organized by Vinh Long Provincial People's Committee in coordination with the Ministry of Planning and Investment and Ministry of Foreign Affairs.

Vinh Long province is endowed with many favorable geographical conditions and has a stable business environment and harmonious natural conditions; has the second largest area of ​​fruit trees in the Mekong Delta and the fourth in the country; possesses the potential of developing experience tourism and garden tourism. Especially, the Trung Luong - My Thuan Expressway is expected to open for traffic in 2020, which will also be a solid launch pad to help Vinh Long to effectively tap all potential economic advantages.

In parallel, in the past years, Vinh Long province has focused on administrative reform, improved business investment environment; facilitated businesses and investors to bring into full play their available capacity. That is the reason why in the past years, Vinh Long has always been among the top performers of the Provincial Competitiveness Index (PCI); particularly in 2018, the province secured the 8th place out of 63 provinces and cities with 65.53 points.

Addressing the opening ceremony, Mr. Lu Quang Ngoi, Vice Chairman of Vinh Long Provincial People's Committee, said that along with a favorable position, favorable natural conditions, synchronous infrastructure, abundant human resources and friendly authorities, Vinh Long has also issued many support policies to attract investment. "The important thing is that the provincial government always creates the best conditions for investors to operate and actively supports them to overcome difficulties and obstacles so that their projects can be implemented on schedule and efficiently. Vinh Long has been and will continue work hard to become an ideal destination for the business community and investors," Mr. Ngoi affirmed.

As noted by Deputy Minister of Planning and Investment Vo Thanh Thong, Vinh Long has made strong impression because of its spirit of "dare to think, dare to do, be active and creative"; thereby obtaining outstanding achievements in socio-economic development, ensuring national security, as well as attracting investment. Deputy Minister Vo Thanh Thong also recommended further enhancing the efficiency of attracting quality investment, environment friendly and sustainable development projects. The province needs to position and build its own brand in association with local potential economic advantages; proactively approach strategic investors, motivational projects that set the stage for further and stronger breakthrough of the province in the coming time.

Speaking at the closing ceremony, Mr. Tran Van Ron, Secretary of Vinh Long Provincial Party Committee, affirmed that Vinh Long is an open, potential land where investors will find for themselves the opportunity to achieve success through an open, transparent business investment environment; the governmental apparatus is dynamic and friendly, ready to support enterprises. Mr. Ron expressed his hope that in the coming time, Vinh Long will continue to become the destination of large-scale investment projects, especially those in infrastructure of industrial parks, high-tech agricultural projects, and agricultural product processing projects. "Potential and strengths of Vinh Long are also the opportunities of businesses. On behalf of provincial leaders, I pledge to continue to create the most favorable conditions for investors to implement their projects with the highest efficiency and working together for sustainable development,” Mr. Ron stressed.

My Chau

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