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Tra Vinh province calls for many investment projects

The Mekong Delta province of Tra Vinh is calling for many investment projects, a local official said on March 14.
Tra Vinh province calls for many investment projects ảnh 1Tra Vinh province is calling for many investment projects. (Photo: VNA)
Tra Vinh (VNA) – The Mekong Delta provinceof Tra Vinh is calling for many investment projects, a local official said onMarch 14.

Speaking at a meeting between provincial officials andrepresentatives of businesses, Deputy Director of the Department of Planning andInvestment Hong Ngoc Hung said the projects include seven at the Dinh An economiczone, three in tourism, two in industry, and three in agriculture.

To lure investment, the province has rolled outvarious incentives in terms of tax, land use fee, site clearance and compensation, and interestrate, according to the official.

Tra Vinh is now home to nearly 3,000 enterprises withtotal investment capital of over 41.51 trillion VND (1.8 billion USD), employingnearly 10,000 labourers, he said, adding that small and medium-sizedenterprises account for nearly 99 percent.

In his remarks, Chairman of the provincial People’sCommittee Le Van Han highlighted contributions by the business community, cooperativesand business households to the province's socio-economic development.

Last year, Tra Vinh’s economy expanded 3.32 percent and itsbudget collection exceeded 15 trillion VND, 38 percent higher than theestimate and up 7.1 percent year-on-year, he said.

Han urged the enterprises and cooperatives to raisethe competitiveness of their goods and services, and step up restructuring andapplication of scientific-technological advances.

Tra Vinh will always accompany businesses, adjust relevantmechanisms and policies and help enterprises in the province to overcomedifficulties and challenges, especially amidst the integration period and theCOVID-19 pandemic, he pledged./.

VNA

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