Tien Giang aims to attract more investment in 2020

Jan 4th at 20:42
04-01-2020 20:42:52+07:00

Tien Giang aims to attract more investment in 2020

The Mekong Delta province of Tien Giang is working to improve its investment environment to attract at least eight projects with total capital of US$80 million in 2020.

 

According to Nguyen Thanh Liem, deputy head of the management board of industrial parks in Tien Giang, the board had co-ordinated with local departments and agencies to make recommendations to perfect infrastructure in industrial parks and clusters.

Efforts had also been made to remove obstacles facing businesses operating in industrial parks and clusters, he said.

Tien Giang would continue to simplify administrative procedures and step up IT application and online public services.

The province is home to four industrial parks, that have attracted 104 projects, including 73 foreign direct investment projects, with total investment of more than VND51.7 trillion (US$2.22 billion), creating jobs for more than 90,000 labourers.

Tien Giang has also opened four industrial clusters housing 80 projects valued at about VND4.53 trillion, which employ over 17,000 labourers.

Enterprises in local IPs and industrial clusters posted a combined industrial production value of VND76.77 trillion in 2019, a year-on-year rise of 13.79 per cent, and total export value of over VND2.66 trillion, up 10.9 per cent.

bizhub



NEWS SAME CATEGORY

Viet Nam gains record in State budget revenue in 2019

Viet Nam's customs department contributed a record VND348 trillion (US$15 billion) to the State budget from the collection of import and export taxes in 2019...

Pork prices put pressure on CPI in 2020: experts

The goal of keeping inflation below four per cent in 2020 would depend heavily on pork prices, heard a conference co-organised by the Academy of Finance and the...

Paving the road for a competitive economy

US investment in Vietnam kept its strong pace in 2019, and is expected to rise further on the back of business improvements and the country’s developments on...

Viet Nam sees positive labour growth in 2019

The Vietnamese workforce reached 55.8 million last year, and increase of 417,100 compared to 2018, reported the General Statistics Office.

Working group set to boost reforms

A special working group in charge of boosting reforms and improving the business climate would be set up this year, Chairman of the Government Office Mai Tien Dung...

FDI contributes 68.8% to Vietnam’s exports

The foreign direct investment (FDI) sector contributed 68.8% to Vietnam’s US$263 billion in exports in 2019, according to the General Statistics Office.

Viet Nam gains record number of new firms in 2019

Viet Nam this year set a record in newly established enterprises, with 138,100 units in all economic sectors, according to the General Statistics Office (GSO).

Vietnam counts down the days to Euro deal

EU business and investment in Vietnam are expected to focus on sectors related to digital transformation on the back of the upcoming enforcement of the EU-Vietnam...

Increasing business readiness for 4.0 era

The Fourth Industrial Revolution is now bringing immense prospects to Vietnamese enterprises to conduct digital transformation and smart production. Kieu Nguyen...

Two local billionaires lose out on first day of 2020

Two of the five richest people in Viet Nam had a poor start to the new year as they saw their net asset worth decrease.


MOST READ


Back To Top