Yen Bai seeks to strengthen international integration

News

Yen Bai seeks to strengthen international integration

Thursday, April 22, 2021

YBO - The northern province of Yen Bai has proactively sought to expand relations with foreign partners and promote international integration.

A delegation of the Japan-Vietnam Culinary Association visits Yen Thanh JSC (Photo: Hoai Van)

Yen Bai has so far had cooperative relations with 100 international organisations, foreign embassies, non-governmental organisations (NGOs), enterprises and investors.

The locality’s international integration efforts have significantly contributed to attracting investment and improving its export turnover.

Yen Bai has well performed in luring investment flows from Japan and the Republic of Korea (RoK), as well as in mobilising large-scale funding projects for the locality, helping it create breakthroughs and promote sustainable development.

The province is now home to 15 foreign-invested project with a total registered capital of over 8.36 trillion VND (over 361.5 million USD). The disbursement of foreign direct investment (FDI) in Yen Bai totaled nearly 3.6 trillion VND in 2015-2020.

Yen Bai has so far received 21 projects worth over 9 billion VND, including over 6.77 trillion VND of official development assistance (ODA). It also approved 102 programmes funded by foreign NGOs with a total committed value of 526.8 billion VND.

Yen Bai’s export turnover is estimated at 760.68 million USD, with main exports of wooden products, stone, green and black tea, cinnamon essential oil, tapioca starch, and plywood and garment products.

Yen Bai is calling for foreign investment in industry, agriculture, services, and infrastructure development, and enhancing promotion activities in order to expand cooperation with localities of the RoK, the UK and Germany.

The locality has also worked to accelerate the implementation of cooperation agreements with foreign partners, especially with Val de Marne and Chevilly Larue regions of France, and Vientiane and Xaynhabuly provinces of Laos in the areas of trade, culture, education and health care.

The provincial authorities have also coordinated with the Ministry of Foreign Affairs, and other ministries and sectors to implement documents related to international integration, while promoting people-to-people diplomacy and administrative reform, and improving the investment and business environment to lure more foreign investment.

Hong Oanh

Other news

Yen Bai City: 64% of Residents Regularly Engage in Sports Activities

A large number of Yen Bai City residents participate in Pickleball activities.

Yen Bai – The movement "All People Exercise Following the Example of Great Uncle Ho" has been widely promoted among officials, public servants, and residents of Yen Bai City, leading to significant participation in regular sports and fitness activities, reaching a rate of 64%.

Yên Bái Ranks 8th Nationwide for Public Service Portal in 2024

An official at Yen Bai’s Public Administration Service Center guides citizens through administrative procedures.

In 2024, Yen Bai Province's Public Service Portal ranked 8th out of 63 provinces and centrally governed cities, thanks to its strong efforts in administrative reform and the development of online public services.

OCOP: Elevating Yen Bai’s Agricultural Products

The Director of the Mu Cang Chai Agricultural Construction and Services Cooperative introduces their natural flower honey product.

Each OCOP product is not just a commodity but a symbol of the land and its people, carrying stories of cultural identity, creativity, and aspirations for growth. In Yen Bai, the “One Commune, One Product” (OCOP) program has been a significant driver in establishing local agricultural brands, enhancing value, and conquering both domestic and international markets.

Nghia Lo: Cultural Identity as a Tourism Highlight

The vibrant ethnic cultural performances at Nghia Lo’s Walking Street have drawn significant attention from both locals and tourists, further cementing the town's reputation as a must-visit cultural destination.

Nghia Lo, a land that is famous for the diverse cultural heritage of Northwest Vietnam’s ethnic communities, is home to several nationally recognized intangible cultural heritages. These cultural assets have positioned Muong Lo – Nghia Lo as a sought-after destination for both domestic and international travelers, contributing to its growing prominence on the tourism map of Yen Bai province.

News