Conference to call for investment in Southeast region’s development

A conference will be held this Saturday to announce the Government’s action program to implement the Politburo’s resolution on boosting socio-economic development and ensuring the defence and security of the southeastern region until 2030, with a vision to 2045.
The conference in Ba Ria-Vung Tau province chaired by Prime Minister Pham Minh Chinh, will call on investors, business associations, and development partners to support the government in developing Vietnam’s Southeast.
Comprising Ho Chi Minh City and Ba Ria–Vung Tau, Binh Duong, Binh Phuoc, and Dong Nai province, the region has a strong and dynamic private economic sector with the most enterprises in Vietnam, and attracts 41% of Vietnam’s foreign direct investment (FDI).
Deputy Minister of Planning and Investment Tran Quoc Phuong said, “The orientation to develop Ho Chi Minh City into an international financial center will attract external resources to Vietnam and coordinate domestic resources to best serve Vietnam’s socio-economic development. The selection of Ho Chi Minh City was based on its advantages and outstanding features.”
At the conference, 12 investment projects with a total funding of 4.2 billion USD are expected to be signed, mainly in transport development, smart cities, and human resource development for industrial zones.

Source: VOV5

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