Yen Bai allocates 12 trillion VND to develop highland, ethnic areas

  •  Friday, June 23, 2023

YBO - Yen Bai province has allocated over 12 trillion VND (510.3 million USD) to support agricultural and forestry production, infrastructure development, transportation, irrigation, investment in educational and healthcare facilities, and clean water supply across its highland and ethnic minority areas.

The cultivation of fruit trees has helped Nghia Lo residents gain stable incomes and improve their livelihoods.
The cultivation of fruit trees has helped Nghia Lo residents gain stable incomes and improve their livelihoods.

As a result, the socio-economic situation in poor districts and difficult communes has been given a facelift, with their people’s living standards significantly improved. Attention and investment have been given to these areas’ transportation infrastructure, irrigation, and IT systems, gradually meeting production demand and daily needs of the local residents.

Hoai Van

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Development and Application of Biotechnology, Production of High-Value Biotechnology Products in Agriculture.

With the aim of advancing the development and application of biotechnology in environmental protection linked to sustainable development in the province, the People's Committee of Yen Bai has issued a plan for implementing the project on the development of biotechnology industries in environmental protection until 2030.

Yen Bai’s unwavering efforts to improve the investment environment and create favorable conditions for business development.

Yen Bai has experienced a promising start to 2025 in the area of investment attraction. According to the latest data from the Provincial Statistics Office, the total investment capital into the province in the first quarter of 2025 is estimated to have reached VND 3,447.256 billion, marking a notable increase of 9.41% compared to the same period last year.

Leaders of the Department of Industry and Trade inspected the production activities of enterprises in the Southern Industrial Park.

The economy of Yen Bai Province has demonstrated remarkable growth in the early months of 2025, with Gross Regional Domestic Product (GRDP) increasing by 9.58%. Notably, the industrial sector experienced a growth rate of 13%. As 2025 is deemed the year of “acceleration and completion,” the province is determined to comprehensively achieve the goals and tasks set for the year as well as those of the 19th Provincial Party Congress Resolution.

Bamboo processing at Yen Thanh joint Stock Company.

In the first quarter of 2025, industrial production in Yên Bái continued to maintain a steady growth pace.

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