Tra Vinh invites investment in Dinh An economic zone
The Mekong Delta province of Tra Vinh is calling for investment in Dinh An economic zone, focusing on technical infrastructure, oil refining, deep seaport, airports, administrative services, education, training, scientific research, cultural exchanges, tourism and entertainment.
Tra Vinh invites investment in Dinh An economic zone (Illustrative image. Source: VNA)
Tra Vinh (VNA) – The Mekong Deltaprovince of Tra Vinh is calling for investment in Dinh An economic zone,focusing on technical infrastructure, oil refining, deep seaport, airports,administrative services, education, training, scientific research, culturalexchanges, tourism and entertainment.
Covering more than 39,000 hectares in Tra Cu andDuyen Hai districts, Dinh An is one of eight key marine economic areasnationwide, with conditions to develop the sea-based economy, electricity,petrochemicals, shipbuilding, navigation services and tourism.
A passageway for ships of 20,000 tonnes to enterthe Hau River is expected to become operational in 2017, which will facilitatedomestic and international trade.
So far, Dinh An economic zone has attracted 29projects with total registered capital exceeding 151.3 trillion VND (6.65billion USD) and generated nearly 2,500 jobs.
Head of the management board of Tra Vinheconomic zone Pham Van Tam suggested devising more incentives apart frompolicies to exempt or reduce land rent, corporate income tax, personal incometax and import-export tax.
Businesses will get land clearance compensationand support to make environmental impact evaluation reports, as well as registerfor intellectual property protection, apply technologies to upgradeproductivity and quality of products and receive assistance in vocationaltraining.-VNA
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Tra Vinh invites investment in Dinh An economic zone (Illustrative image. Source: VNA)
