Deputy Prime Minister Nguyen Xuan Phuc has asked the central province
of Quang Binh to draw up a road map for creating registered projects to
boost local economic development.
He made his remarks at the first conference promoting investment in
the province in Dong Hoi city, which opened on April 5. The event drew
nearly 200 representatives from Vietnamese and foreign businesses.
Chairman of the provincial People's Committee Nguyen Huu Hoai spoke
about local strengths and investment conditions, as well as challenges,
in order to suggest investment directions for those attending.
He also pledged to provide investors with the best policies regarding
tax incentives for land use and business incomes, and for the support
of workforce training and infrastructure building, among others.
There are currently 276 registered projects in the province, with a
total capital of some VND100 trillion (US$4.8 billion), Hoai added.
At the conference, the entrepreneurs mentioned Quang Binh's strengths
and weakness and proposed policies favouring investment, which could be
acted upon by local authorities.
During the conference, the People's Committee granted investment
licences to 13 projects, totalling over VND8.5 trillion ($404.8
million), and inked eight investment memoranda of understanding worth
VND10.8 trillion ($514.3 million
(Source: vietnamnews.vn)