Chairman of the Quảng Ninh Provincial People’s Committee Bùi Văn Khắng on March 25 had a working session with a delegation from China’s Guangxi Zhuang Autonomous Region to discuss measures to promote cooperation between the two localities.
In total, the province broke ground on 26 projects with combined investment capital of about VNĐ383 trillion, while inaugurating five others worth nearly VNĐ7 trillion (US$266 million).
The Quảng Ninh Economic Zone Authority has granted investment certificates for two projects in Móng Cái Ward 3 with a combined capital of nearly VNĐ1.2 trillion (US$46 million) on August 9.
Quảng Ninh Province has attracted more than US$1.52 billion worth of foreign direct investment in the first half of this year and is poised to reach the goal of $3 billion in investments for the full year.
The focus is on developing key provincial-level OCOP products in terms of quantity, increasing their value, ensuring high standards, and gradually aligning them with international standards to facilitate export.
The leaders of HAECO Group were impressed with the remarkable development of Quảng Ninh and have announced their intention to conduct research and invest in the province.
Quang Ninh Province demonstrated its ability to attract both domestic and foreign capital in the first half of this year, solidifying its position as a prominent economic development hub in the northern region.
Quang Ninh has emerged as a new manufacturing hub in northern Viet Nam by transforming its rural tourism-based economy and industrialising to attract foreign investments, especially in the tech sector, experts said.
BW Industrial Development JSC (BW), Viet Nam’s leading industrial and new economy real estate developer, recently acquired approximately 74,000 square metres of prime land in the Bắc Tiền Phong Industrial Zone in Quảng Ninh, developed by DEEP C Industrial Zones.
To ensure pandemic safety, Quang Ninh will apply the sandbox model to tourism and prioritise serving groups of tourists once this northeastern coastal province re-opens its door to travellers from other localities.