Northwest provinces use advantages to attract investment

Chia sẻ

(VOVWORLD) - With the advantages of land, natural resources, natural scenery, and diligent people, the northwest provinces are attracting investors. The local authorities are aggressively improving the investment environment.

Northwest provinces use advantages to attract investment - ảnh 1Son La province has 82,000 ha of fruit trees. (photo: VOV)

Vietnam’s northwest provinces are growing new plant varieties and have created large cultivation areas. Son La province has 82,000 ha of fruit trees, which produce 450,000 tons of fruit per year.  Son La is one of the biggest fruit hubs in Vietnam. Businesses have built on-site processing factories that package goods for export.

Nguyen Thanh Tung, Director of the Doveco Son La Fruit and Vegetable Processing Center owned by the Dong Giao Food Export Joint Stock Company, said: “As long as the raw material area is stable and the processing factories and the province's policy mechanisms are operating well, we will stay here long term. We thank Son La province for creating favorable conditions for this project, and hope to contribute to Son La’s economic development.”

Lai Chau province has created large-scale concentrated agricultural production areas, such as 8,000 hectares of tea, 13,000 hectares of rubber, 5,000 hectares of macadamia nuts, and 4,000 ha of bananas. Lai Chau province has gotten many businesses to invest in agricultural production and processing.

Tran Bao Trung, Acting Chairman of the Phong Tho district People's Committee, said: “After we found stable outlets for our products, we mobilized resources from national target programs and the district budget to support production. We have persuaded businesses and farmers to apply food safety and production standards.”

The 240-km Noi Bai-Lao Cai express way, makes it easier to travel from the northwest provinces to Hanoi. These provinces have attracted investors with incentive policies, land reserves, infrastructure, and human resources.

Doan Huu Phung, Director of Yen Bai province’s Department of Planning and Investment, says: “The province provides accurate economic, social, planning, and investment information to investors. Flexible policies will be implemented along with programs to support small and medium-sized enterprises and collectives. We’ll continue to reform administrative procedures, improve the investment environment, and create visible change in quality to attract all economic sectors.”