Tuyen Quang: Facilitating advantages, promoting investment attraction

Update: 17:07 | 26/06/2020
TGVN. Owning abundant resources and human resources, open investment attraction policies and the orientation of international economic integration, Tuyen Quang is an attractive destination for investors.  
TIN LIÊN QUAN
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tuyen quang facilitating advantages promoting investment attraction
Tuyen Quang strives to affirm the image of a friendly, safe and effective destination with investors.

Important breakthroughs

Having a particularly important strategic position throughout the history of national development and defense of Vietnam, in recent years, Tuyen Quang has made important breakthroughs in socio-economic development, making the province become one of a nucleus of economic development in the Northwestern region.

In 2019, the GRDP growth rate has increased by 8.05% compared to 2018; GRDP per capita at current prices reaches VND 39 million/person/year; State budget revenues in the province reached VND 2,106 billion. Industrial production value reached VND 15,660 billion, while the industrial development index was 110%. The value of agricultural, forestry and fishery production reached VND 8,407.5 billion, an increase of 4% compared to 2018. The export value of goods in 2019 reached USD 104.1 million.

Businesses prosper, Lao Cai develops

 

Businesses prosper, Lao Cai develops

Up to now, there are 1,779 enterprises and economic units under state-owned companies in Tuyen Quang province with the registered capital of VND 18,356.44 billion. This is also a place where a number of large investors have chosen to invest in important projects such as Geleximco Group, Vingroup, Dabaco, Muong Thanh, Vietnam Textile and Garment Group, Woodsland ... contributing to socio-economic development.

In addition, 15 FDI projects of 13 foreign investors with a total registered capital of 202,611 million USD (4,359 billion VND) are being deployed in the province, creating jobs for 7,067 laborers, contributing to restructuring economic structure, promoting growth, improving people's lives. In addition, 8 ODA programs and projects are allocated capital plans in 2020; the total investment of over VND 2,240 billion is helping to strengthen the transportation system, developing agriculture, rural areas, health care and education.

tuyen quang facilitating advantages promoting investment attraction
Long Binh An Industrial Park in Tuyen Quang Province.

Tuyen Quang has more than 500 historical and cultural relics; 22 ethnic groups living together, with many festivals and unique folk songs and dances; My Lam hot spring is famous for healing and resort value; Na Hang lake with majestic limestone mountains; primeval forests with many valuable and rare species of wood are listed in the Red Book of the World ... These are potentials for Tuyen Quang to develop tourism such as historical and cultural tourism; Tourist Resort; ecotourism and spiritual tourism.

A safe “parking" for ASEAN investors

In the coming years, the province is determined to mobilize and use effectively resources, innovation, creation and integration, helping Tuyen Quang develop quickly and sustainably; focus on developing tourism and transport infrastructure, agricultural and forestry production development.

Long An – a bright spot of investment and business in Vietnam

 

Long An – a bright spot of investment and business in Vietnam

The province concentrates on promoting investment promotion, improving professionalism and innovating the content of investment promotion with the orientation on investment projects in the fields of: infrastructure construction investment of industrial zones, industrial clusters; implementation of the promotion of the province’s potentials and advantages; implementation of the investment promotion activities on the spot, organization of the regular meeting, exchange and discussion with businesses in order to listen, share and solve enterprises’ difficulties; support and encourage businesses to continue expanding production, investment and business activities.

In addition, Tuyen Quang province will also strengthen connectivity, linkage with neighboring localities, developing value chains, improving the competitiveness of the province. Proactively and intensify the coordination between the center and the departments. Coordinate closely with business associations, business support organizations to research the market, provide consultancy and support for businesses in the province to develop production and business activities, expand new markets. Strengthen consultancy, support businesses, investors to research, survey and implement projects; encourage businesses who have invested to expand the scope and depth...

tuyen quang facilitating advantages promoting investment attraction
My Bang Tea at Yen Son, Tuyen Quang province.

Tuyen Quang province always welcomes and wishes to cooperate with ASEAN investors in projects such as the technical infrastructure development project of Tan Trao National Tourist Area; Project of Ecotourism Area in Na Hang Lake - Lam Binh; Soi Ga eco-tourism site; Project on building a high-tech seed center (Manufacture of forestry seedlings and medicinal plants); Project of safe production and consumption of organic oranges; Projects for safe and hi-tech vegetable production; Mechanical and assembly factory; Textile factory; Leather shoes factory; Wood processing factory; Composite Polymer production plant; Electronic assembly plant; Plastic sheet factory; Plant producing microbial fertilizer and bottling and packaging plant protection drugs; Project on constructing drainage system and constructing Tuyen Quang city wastewater treatment plant; Project on constructing a concentrated domestic waste treatment area of ​​Tuyen Quang city; Tuyen Quang General Hospital.

On the basis of formulating projects, proposing and perfecting mechanisms, policies and investment incentives; focusing on strengthening infrastructure, strongly reforming administrative procedures, Tuyen Quang Government and people are committed to creating the best conditions for organizations, individuals and investors, especially for ASEAN investments to visit, explore, invest and do business in cooperation; Affirm the image of Tuyen Quang friendly, safe and effective with investors!

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Pham Minh Huan

Chairman of Tuyen Quang People’s Committee