Yen Bai grants investment approval decisions to 61 projects
- Sunday, February 09, 2020
YBO - Authorities of northern Yen Bai province granted investment approval decisions to 61 projects with total registered capital of over 17.31 trillion VND (743 million USD) and more than 2.08 million USD in 2019 and January this year.
Yen Bai is calling for investment into Thac Ba Lake national tourism site – an attractive destination for tourists.
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.
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.
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.