Thanh Hoa organises investment promotion conference this year

Jun 12th at 08:10
12-06-2020 08:10:47+07:00

Thanh Hoa organises investment promotion conference this year

About 34 projects with total capital of about VND350 trillion (US$15 million) are expected to receive investment decisions or investment agreements at Thanh Hoa Province’s investment promotion conference.

 

At the press conference held on Wednesday, the provincial People's Committee said this conference would run on Friday and Saturday in Thanh Hoa Province.

Nineteen of the 34 projects would receive decisions on approving investment policies or investment registration certificates while other projects would see the signing of investment agreements.

Nguyen Duc Quyen, permanent vice chairman of Thanh Hoa People's Committee, said the province always implements administrative procedure reform and activities attracting investment in its economic development strategy.

Thanh Hoa would also create the most favourable conditions for investors to gain investment efficiency in this province.

At the provincial investment promotion conference in 2017, 31 projects received investment decisions with total capital of about US$6 billion. Up to now, 15 of them are under construction while seven other projects are clearing ground. The total disbursed investment has reached about US$5 billion, reported the Nguoi lao dong newspaper.

So far this year, Thanh Hoa Province has nearly 16,000 enterprises in operation with a total of more than 2,200 direct investment projects and a total investment capital of about VND650 trillion. Of which, there are 129 foreign direct investment projects from 20 countries and territories with total registered capital of US$14.2 billion.

bizhub



NEWS SAME CATEGORY

East Ho Chi Minh City entices new investors

The recent green light for Ho Chi Minh City People’s Committee to set up an innovative hub in the east would make the so-called Vietnam Silicon Valley come to life...

Vietnam and Southeast Asia to rebound in 2021 after muted first half of 2020

Most Southeast Asian economies are likely falling into recession in the first half of 2020 due to the severe impact of the COVID-19 outbreak, according to a fresh...

WB to continue supporting Vietnam on development path

World Bank (WB) Country Director for Vietnam Ousmane Dione said the bank will continue supporting the Southeast Asian country on its development path at a meeting...

Actions to spur on economic growth providing momentum

Vietnam’s efforts to accelerate public investment have gained strong momentum, laying firm groundwork for the country to boost economic growth.

Climbing the value chain to maximise investment

In general, foreign investors are seeking safe, stable investment environments with established real estate market practices, rule of law, and structured land...

Billionaire Johnathan Hanh Nguyen wants to invest in Bac Van Phong

Diversified conglomerate Imex Pan Pacific Group (IPP) of dollar billionaire Johnathan Hanh Nguyen wants to invest in Bac Van Phong, pledging to attract US$40...

Money-hungry F&B startups flounder

The collapse of Mon Hue and Soya Garden shows not only the risk of investors when they pour money into startups in food and beverage chains, but also the...

Stronger government support needed for Covid-19-hit businesses: Expert

It would be more efficient if the government could waive and delay tax payments for one to three years, said a senior local economist.

Hanoi to host investment promotion meeting in late June

Hanoi is planning to host an investment promotion meeting on June 27, showing its strong determination to attract more high-quality foreign-direct investment (FDI).

COVID-19 to create an M&A wave in Viet Nam

Weak financial stability and a lack of capital are forcing many businesses to seek M&A deals amid the COVID-19 pandemic.


MOST READ


Back To Top