Investors pledge billions of USD at conference in Vinh Long
Investors both domestic and foreign pledged to pour nearly 47 trillion VND (over 2 billion USD) and 117 million USD in the Mekong Delta province of Vinh Long at the province’s investment promotion conference on August 15.
Vinh Long (VNA) – Investors both domestic andforeign pledged to pour nearly 47 trillion VND (over 2 billion USD) and 117million USD in the Mekong Delta province of Vinh Long at the province’sinvestment promotion conference on August 15.
Speaking at the event, Deputy Minister of Investment andPlanning Vo Thanh Thong said Vinh Long has favourable geographical and natural conditionsand a stable business climate. The province has the second largest area offruit farms in the delta and the fourth biggest nationwide, which providesgreat potential for gardening tourism.
He recommended the province focus on developingmanufacturing industry and processing in connection with agriculture, thusluring quality investments in the local high-tech, logistics, tourism,services, finance, and energy, among others.
He advised the provincial authorities to build a local trademark,seek strategic investors, create clean land fund, and work with relatedministries and agencies to facilitate enterprises in following administrativeprocedures.
Updated information on local value and supply chains, landand human resources conditions, as well as investment attraction policies arekey to making the province appeal to investors amid fierce competition forinvestment among localities, Thong stressed.
At the conference, Vinh Long issued a list of 46 projects insix fields to call for total investment of over 32 trillion VND (1.37 billionUSD) during 2019-2020.
Tran Van Ron, Secretary of the provincial Party Committee,said the province drafts the list based on local conditions, projectfeasibility, and new investment trends.-VNA
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At the event (Photo: nhandan.com.vn) 
