Yen Bai develops mulberry cultivation to raise silkworms
- Sunday, June 27, 2021
YBO - Yen Bai province’s project to grow mulberry and raise silkworms in the 2019 - 2025 period had contributed to the formation of concentrated mulberry growing areas with a total area of 1,198 hectares by the end of 2020.
The model of silk production chain generates high economic value in Son Thinh town
Construction has started on a road linking Luc Yen district of Yen Bai and Bao Yen district of the neighbouring province of Lao Cai, which was approved by the Chairman of the Yen Bai People’s Committee in Decision No.3125 dated December 11, 2020.
According to the provincial competitiveness index (PCI) report 2020 released by the Vietnam Chamber of Commerce and Industry (VCCI), Yen Bai was ranked 33 out of 63 localities nationwide and belonged to the group with medium governance quality. From 2015 to 2020, the province leaped 18 positions in the PCI rankings from the 51st position in 2015.
Yen Bai holds advantages in forestry with nearly 689,000 ha of natural land, 69 percent of which is planned for forestry.
Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.