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The MOU signing ceremony between Vinh Phuc province and investors

Wednesday, 28/12/2016

In the afternoon of 12/27/2016, Vinh Phuc People's Committee held a ceremony to sign MOU with investors. Attending the ceremony, there were Mr. Le Duy Thanh, Vice Chairman of the Provincial people's Committee; leaders of departments, branches and investors.

Vice Chairman Le Duy Thanh signed MOU with investors.

Speaking at the signing ceremony, Vice Chairman Le Duy Thanh affirmed that, after 20 years of re-establishment, Vinh Phuc's economy has had outstanding development. From an agricultural province with the low revenue of 100 billion dong and GRDP value of 100 USD/year, at present, Vinh Phuc has become one of the provinces having high growth and budget revenues in the whole country. In 2016, Vinh Phuc's budget revenue reached around 30 thousand billion dong, making an increase of nearly 300 times compared to the year 1997, ranking in the second position in the North; GRDP value reached USD 3,200; attracted over 900 FDI and DDI projects with total registered capital of 10 billion dollars. To gain that results, there has been the significant contribution of investors, enterprises to the socio - economic development of the province in the past time.

Vice Chairman of the Provincial People's Committee stressed that in order to express the appreciation and gratitude to all investors who are interested in researching and investing in the province, before organizing the Investment Promotion Conference with the largest scale than ever, the Provincial People's Committee signed MOU with 10 investors and confirmed that Vinh Phuc always treated equally between domestic and foreign enterprises; small and medium enterprises. After the MOU signing ceremony, Deputy Chairman desired that businesses would accelerate the implementation of investment projects, contributing to the master development of Vinh Phuc province.

In the series of activities to celebrate the 20th anniversary of the provincial re-establishment, Deputy Chairman Le Duy Thanh welcomed foreign Embassies in Vietnam to attend the conference on Investment Promotion of the province.

Vinh Phuc News


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