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Prime Minister Nguyen Xuan Phuc attended the investment promotion conference in Binh Thuan province in 2017

(  On April,19th, Binh Thuan People's Committee solemnly held the investment promotion conference in 2017. Prime Minister Nguyen Xuan Phuc attended and directed at the conference. There also had the attendance of leaders of central ministries and sectors; foreign and domestic organizations and investors.

To Binh Thuan province, leaders of the Standing Committee of the provincial Party Committee, the People's Council, the People's Committee and the Vietnam Fatherland Front; leaders of local departments and enterprises also attended the conference.

In his speech at the conference, Chairman of the provincial People's Committee Nguyen Ngoc Hai emphasized that enterprises were determined to be an important motive force for economic development so Binh Thuan province has always accompanied, solved difficulties and created the most favorable environment for investors to invest in the province.


Accordingly, the three areas that the province has been attracting, including sustainable green tourism, renewable energy and high tech agriculture. These areas were identified as three key factors for sustainable development and also for the achievement of the strategic objective of building and establishing three national centers: a tourism and sea sports center, energy center and centers for processing of titanium.

The conference gave an opportunity for domestic and foreign investors and organizations to meet and exchange opinions with leaders of ministries, central agencies and provincial people's committees in order to solve difficulties in the investment process .








At the conference, in the witness of the Prime Minister and other central ministries and agencies, leaders of Binh Thuan Province handed over investment decisions to 17 projects and signed memorandum of understanding for 20 projects in many fields such as high tech agriculture, industry and commerce, tourism and clean energy development. In addition, some banks have also signed up to provide credit to investors.


Speaking at the conference, Prime Minister Nguyen Xuan Phuc said that thanks to the natural factors of the time, place, people, Binh Thuan has advantages that other places do not have. It has a 192 - kilometer long beautiful coast, gets at least 300 days of sunshine each year and less stormy. The Prime Minister also agreed with the orientation to attract investment of the province in the direction of building and developing Binh Thuan for human health. Moreover, leaders of Binh Thuan province should focus on mobilizing resources to develop infrastructure, especially transport systems; attract potential investors and large enterprises to invest in the strengths of the province; continue to pay attention to training human resources and reform administrative procedures to create a favorable investment environment for enterprises.

Prime Minister Nguyen Xuan Phuc listened to Binh Thuan leaders to report on the model of tourism development in the province


The Prime Minister also suggested that investors and enterprises should have a long-term and sustainable business strategy in Binh Thuan province to link economic development with environmental protection. Accordingly, he affirmed to build the Government with integrity, justice and objectivity to serve the people and businesses; maintain macroeconomic stability; ensure a peaceful, friendly environment with other countries; create a favorable investment environment and commit to protect the legitimate interests of investors, human rights, citizenship and property rights of investors.


On this occasion, organizations and individuals donated 27 billion VND to fund social security for Binh Thuan province (of which, Binh Thuan Agriculture and Rural Development Bank granted 16 billion VND, Binh Thuan Joint Stock Commercial Bank for Industry and Trade granted 10 billion VND and Binh Thuan TTC Palace contributed 01 billion VND.

                                                                                                            Translated by Thanh Nhan

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Title: Prime Minister Nguyen Xuan Phuc attended the investment promotion conference in Binh Thuan province in 2017