Mekong Delta calls for investment in 134 projects
The Mekong Delta Investment Promotion Conference was held on November 25 in Vinh Long Province to call for investment for 138 projects in the region.
These projects have a total investment of more than VND416,000 billion and US$1.89 billion.
The conference is a remarkable activity in the 2013 Mekong Delta Economic Cooperation Forum (MDEC Vinh Long 2013).
Mekong Delta’s potentials
The Mekong Delta, including 12 provinces and a city, holds a crucial position in the nation’s socio-economic development strategy.
As of September 2013, the region has had 802 valid projects, totaling around US$11 billion and total Official Development Assistance (ODA) of US$4 billion.
Besides, the Government has paid due attention to promote the regional development through investing in infrastructure, harbors and energy.
The region has made an annual growth rate of 12%, and a GDP that rose 3.5 times and a GDP per capita that jumped 2.5 times from 10 years ago.
The conference created a space for investors and businesses to discuss policies, potentials and investment opportunities as well as figure out obstacles and difficulties to promote investment for the region, said Chairman of the Vinh Long Provincial People's Committee Nguyen Van Diep.
The event will open new chances to advertise and introduce potential and advantages of the region and assists investors in getting access to crucial projects and acknowledging preferential mechanisms and policies.
At this conference, Can Tho City and provinces of Bac Lieu, Ben Tre, Ca Mau, Dong Thap, Hau Giang, Kien Giang, Long an, Soc Trang, Tra Vinh and Vinh Long granted investment certificates for 26 projects, worth VND6,000 billion and US$93 million.
Government and localities stand side by side with businesses
Deputy PM Vu Van Ninh highlighted efforts of investors in pouring VND7,000 billion in promoting their business in the region.
He asked businesses quickly launch their projects after being granted with investment certificate, adding that the local authorities and Government will always work with businesses to guarantee their rights.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years