HOMEPAGE
Hot Properties
ADB: Vietnam’s 2009 GDP growth to be highest in South East Asia
MGM Grand Ho Tram: Vietnam’s First ‘Las Vegas Style’ Integrated Resort
Nha Trang’s Twin Towers project licenced
Foreign investors still have good opportunities in Vietnam
Sierra Wireless gets a foot in Vietnam’s ICT market
INDOCHINA INTERNATIONAL CONSULTING CO., LTD
HO Add: 62L/36 Nguyên Hồng, Ward 11, Bình Thạnh District, HCMC - Vietnam
Biz Office Add: #48 Road No 11, Quarter 6, Hiệp Binh Chánh Ward, Thủ Đức, HCMC - Vietnam
®Source: http://viipip.com should be clearly quoted for any use of information extracted from our website.
Publication permit No: 60/GP-TTĐT , April 05, 2010.
Central province hopes for investment surge
Date: 1/13/2017 10:54:19 PM
The central province of Thua Thien-Hue expects to see a surge of investment in tourism this year in light of interest expressed by investors last year.
Le Van Thu, director of the investment promotion and support centre of Thua Thien-Hue, said the province will conduct more investment promotion to attract investors in 2017.
In 2015, the province granted only nine Foreign Direct Investment (FDI) projects for a total of $451 million. In all, the province attracted 88 foreign direct investment projects with total investment capital of US$2.1 billion from 2000 to 2016.
Thu said the PSH Group from Spain is eyeing development of a resort in Vinh Thanh with a registered capital of $145 million, while the BRG Group has approached authorities with plans to develop a resort and golf course complex in Vinh Thanh-Vinh Xuan with an investment of VND2 trillion ($88.5 million).
Bitexco also plans to invest VND545 billion ($24.1 million) in the hot-spring resort in My An.
According to the centre, Bitexco Group was granted an investment license for an eco-resort and an urban project in Lap An lagoon with a registered capital of VND3.3 trillion ($146 million).
The My Way Hospitality company also plans to invest in Bach Ma resort with an estimated investment of VND1.5 trillion ($66.4 million).
Thu said the province is seeking investment in high-tech, tourism, logistics, health care and high-tech agriculture, offering competitive labour and land costs.
Several financial incentives have been provided to attract investors, such as tax exemptions for the first four years of operation, a 50-per cent tax reduction for the next nine years, and a 50-per cent tax rate reduction for high-income employees, according to Thu.
He said one of the largest planned tourism projects is a $875-million complex being financed by the Banyan Tree Group of Singapore.
The Hue City area has 128 km of coast and 22,000ha of lagoon for tourism development in connection with UNESCO-recognised world heritage sites in the central region.
The province has developed six industrial zones to attract garment, industry, food processing and mining, projects and create nearly 14,000 jobs.
(Source:vir.com.vn)
Other news- Vietnam will become a destination for Chinese investors in the future (11/6/2023 1:03:19 PM)
- Thua Thien - Hue: Calling for investment (11/6/2023 1:00:42 PM)
- Hai Phong Planning to establish a series of industrial parks and economic zones (11/6/2023 12:58:13 PM)
- The Fastest Growing Economies In 2024 (11/6/2023 12:56:34 PM)
- Hai Phong reached the target of attracting FDI capital (10/17/2023 5:18:21 PM)
- Long An has 1,215 FDI projects with capital of 10,519 million USD (10/17/2023 8:40:41 AM)
- What do FDI enterprises recommend to the Vietnamese Government? (10/17/2023 8:38:33 AM)
- Vietnams 3 commitments to foreign businesses and investors (10/17/2023 8:35:45 AM)
- Up to now (2023), how much money have Asian tigers invested in Vietnam? (10/17/2023 8:31:59 AM)
- Another semiconductor manufacturer expands in Vietnam (10/17/2023 8:30:44 AM)
- Billions of dollars poured into Vietnamese semiconductor projects (10/17/2023 8:26:09 AM)
- Revealing the reason why Central region continuously invested by giants Foxconn, Goertek... (10/17/2023 8:24:49 AM)
- VIFTA: Vietnam-Israel Boulevard opened (8/28/2023 9:29:44 AM)
- Wistron announced to pour another 24.5 million USD into Vietnam to build a new factory. (8/28/2023 9:28:33 AM)
- Formulate policies to develop the logistics industry (8/28/2023 8:50:54 AM)
NEWS CATALOGUE
- Vietnam will become a destination for Chinese investors in the future
- What do FDI enterprises recommend to the Vietnamese Government?
- Up to now (2023), how much money have Asian tigers invested in Vietnam?
- Another semiconductor manufacturer expands in Vietnam
- Billions of dollars poured into Vietnamese semiconductor projects
