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Dec 09, 2017 / 15:11

Ha Giang Province promotes investment attraction

The northernmost mountainous province of Ha Giang has recently held an investment promotion conference to introduce its potentials to investors.

At the event, Prime Minister Nguyen Xuan Phuc said that he was impressed with the efforts of applying information and technology by local authorities, boosting e-commerce, tourism and preserving nature, despite its disadvantageous geographical location.
He said that businesses play an important role in turning Ha Giang into a rich but sustainable province and accelerating tourism in the northwest region, as well as the entire tourism industry of Vietnam.
What investors are doing today will not only contribute to enhancing the living standards of ethnic communities in Ha Giang but also lead to breakthroughs in the development of remote border areas, he said, adding that the province therefore will need more big investors.
Ha Giang has majestic mountain landscapes.
Ha Giang has majestic mountain landscapes.
He said good business models and projects with inclusiveness and spillover effects, which provide jobs and stable incomes for local residents, should be targeted. This is key for the rise of the northwest region in general, and Ha Giang Province in particular, adding that the province had significant potential and competitive advantages in agriculture, medicinal plantation, tourism and border trade.
Ha Giang must accompany business, PM said, urging the development of a transparent and constructive government, cost-cutting for firms and improving overall competitiveness. Administrative reform must also be hastened together with improving land access for businesses.
Specially, the province should focus on boosting tourism through diversifying tourism products, developing community-based tourism, restoring and promoting traditional festivals and cultural values.
According to Trieu Tai Vinh, Secretary of the provincial Party Committee, Ha Giang, which aims to become a key tourist attraction by 2020, has majestic mountain landscapes, the Unesco-recognized Dong Van Karst Plateau Global Geopark and terraced fields in Hoang Su Phi District, as well as 19 ethnic groups living together with attractive festivals, natural and cultural heritages. The number of tourist arrivals to the province has risen consistently, and is estimated to reach 1 million with a revenue of VND950 billion this year.
With famous specialties such as oranges, honey, tea and medicinal plants, Phuc urged the province to study policies to boost hi-tech and organic agricultural production together with building brands.
Nguyen Van Son, Chairman of the provincial People’s Committee, said that the province was providing incentives to investments in border trade, agricultural production and tourism.
At the event, the province’s authorities also granted investment licenses to 26 projects worth VND16.1 trillion (US$706 million).