Vĩnh Long to host investment promotion conference


The Mekong Delta province of Vĩnh Long is calling for private capital in 67 projects worth VNĐ27.5 trillion (US$1.2 billion) during the 2017-20 period.

The focus is on industry, industrial complex infrastructure, rural agriculture, culture-tourism, transport infrastructure, urban housing development and trade services.

Trương Đặng Vĩnh Phúc, director of the municipal Department of Planning and Investment, said this at a press conference in Vĩnh Long on Monday ahead of the upcoming investment promotion conference.

Phúc said the event aims at presenting its economic development achievements and potential as well as policies on investment attraction.

He said the conference will take place on March 27, drawing 750 delegates from ministries, agencies, foreign embassies, international organisations, provinces and cities nationwide as well as domestic and foreign investors.

At the event, the local authority will present certificates of investment registration to and sign memorandums of understanding with investors of 25 projects with a combined capital of VNĐ12.43 trillion ($546.92 million), Phúc said.

The province will sign co-operation documents to carry out a project on coastal sub-regional connectivity among Vĩnh Long, Bến Tre, Tiền Giang and Trà Vinh provinces, boosting investment, trade and tourism cooperation in the Mekong Delta.

The local authority will also honour contributions by domestic and foreign organisations, individuals and enterprises to social welfare activities along with poverty reduction. Activities such as trade fair, exhibition on local agriculture, industry and trade, inauguration of Vĩnh Long general hospital and art performance will be held on the sidelines of the conference.

Apart from a stable, transparent business environment, investors will be offered incentives, said Lê Quang Trung, vice chairman of Vĩnh Long Province, adding that the province hopes to become a liable, attractive destination for businesses and investors.