PM Phuc attends investment promotion conference in Soc Trang

The event gathered the participation of around 500 delegates representing Vietnamese ministries and sectors, international organizations, foreign diplomatic agencies in Viet Nam, financial and credit institutions, trade-investment promotion organizations, and businesses and investors, both at home and abroad.

According to Tran Van Chuyen, Chairman of the provincial People’s Committee, Soc Trang is calling for investment in the three priority fields of high-tech agriculture associated with the processing industry, renewable energy, and tourism.

With a coastline stretching 72km and three large estuaries, Soc Trang possesses a lot of advantages in developing the seaport and sea freight system. This is also one of the areas in which the province is mobilizing investment.

Soc Trang is planning to grant investment licenses and memoranda of understanding (MOUs) on investment cooperation to 47 projects totally worth VND122.88 trillion (US$5.4 billion).

Within the framework of the investment promotion conference, the provincial leaders will launch the spirit of entrepreneurship as well as Soc Trang’s startup community.

By Vien Nhu