As the first inter-regional high-speed railway project to be implemented in Việt Nam, the Hà Nội-Quảng Ninh line is expected to strong momentum for the Northern Key Economic Region.
Once operational, the zone is expected to contribute 8-12 per cent of the province’s gross regional domestic product and between 150,000 and 250,000 high-quality jobs.
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.