PM: Tra Vinh needs stimulus to attract investment

Prime Minister, Nguyen Xuan Phuc urged the Mekong Delta province of Tra Vinh to create a breakthrough in order to attract more investment in all fields.

PM Nguyen Xuan Phuc speaking at the conference (Credit: VGP)

The Government leader made the remark while chairing the Tra Vinh provincial Investment – Trade – Tourism Promotion Conference on April 24. The event was also attended by Politburo member and President of Vietnam Fatherland Front Central Committee, Nguyen Thien Nhan.

Addressing the conference, PM Phuc emphasised that Tra Vinh is a populous and rich land with high potential for development and will become a new trading centre of the south and the country in the near future.

He asked the province to review and plan industrial zones towards serving agriculture and seafood processing industry as well as providing links in the value chain and creatinge local brands.

Tra Vinh should enhance the promotion of local potential as well as cultural, historical and religious conditions to investors, bringing into play the advantages of agriculture, a marine economy and tourism in the province, added the PM.

In addition, it is essential to set out a rational strategy to attract more investment in ecological tourism and clean energy, including wind power and solar power, noted the Government leader.

He urged Tra Vinh to thoroughly exploit the advantage of its large area and good quality brackish water and to apply scientific and technological advances in farming and processing, creating famous brands.

PM Phuc also said that farmers can contribute their efforts and capital through their fields, together with other investors, to creating enterprises operating under the law.

At the conference, Tra Vinh provincial People’s Committee handed over investment certificates and decisions to five domestic and one foreign enterprise, with a total investment of over VND5.4 billion and US$1.5 million, respectively.

So far, Tra Vinh province has attracted 129 domestic and 32 foreign investment projects.

(Source: NDO)