Areas in focus are tourism, real estate, industrial and economic infrastructure, non-tariff areas, manufacturing industry, health care, education – training, support industry for textile and garment and others in value chains in Southeast Asia and Asia-Pacific.

At Phu Bai industrial zone in Thua Thien-Hue (Source: VNA)
Amid the fourth industrial revolution, the province gives top priority to developing information technology workforce, high-tech agriculture and bio technology.

It will also prioritise investors with major brands, banks’ prestigious partners, domestic and foreign investment funds, and successful domestic enterprises.

Further attention will be paid to calling for investment from traditional markets such as the Republic of Korea, Singapore, Thailand, Japan, Hong Kong (China), the US, Europe, countries benefiting from Vietnam’s entry to bilateral and multilateral free trade agreements, and investors in China who are impacted by the US – China trade war.

In January 2019, Thua Thien-Hue licensed 8 projects, including four foreign ones worth over USD60 million and four domestic ones valued at more than VND5.7 trillion. Meanwhile, an existing project adjusted its investment capital up by over VND7.4 trillion./.

CPV/VNA