Road linking national highway 32C with Noi Bai-Lao Cai expressway opened to traffic
- Wednesday, May 20, 2020
YBO - A road linking national highway 32C with Noi Bai-Lao Cai expressway was opened to traffic during a ceremony held in northern Yen Bai province on May 19 to mark the 130th birthday of late President Ho Chi Minh.
The road connecting national highway 32C and Noi Bai-Lao Cai expressway will optimise the development of Yen Bai city and Tran Yen district toward the right bank of Red River.
Van Yen district of Yen Bai province holds various advantages and room for growth, especially in geographical location, as it straddles in the Kunming-Lao Cai-Hanoi-Hai Phong-Quang Ninh economic corridor.
Van Yen district has created favourable conditions for all the economic sectors, especially the private one, develop production.
Vietnam invested 49.3 million USD abroad in the first three months of 2020, with the US being the biggest recipient.
The northern mountainous province of Yen Bai has enjoyed significant socio-economic development over the past years. In 2018, the locality’s gross domestic product (GDP) growth reached 6.31 percent, all basic criteria were completed or exceeded the set plan, budget collection surpassed 2.9 trillion VND, total social development investments were over 11 trillion VND, the industrial production value reached 9.7 trillion VND, and the export value hit over 130 million USD.