Chinese enterprises explore investment opportunities in Soc Trang
Speaking at the event, Tran Van Lau, Chairman of the provincial People’s Committee, presented local economic strengths, saying the Mekong Delta province boasts significant potential in agriculture, with an annual rice output exceeding two million tonnes and aquatic products totaling over 375,000 tonnes. The province's export turnover surpassed 1.5 billion USD last year with rice alone constituting nearly one-third of the export value, amounting to 450 million USD.
Chairman of the Soc Trang provincial People’s Committee Tran Van Lau (R) receives Chinese Consul General to Ho Chi Minh City Wei Huaxiang. (Photo: https://thoidai.com.vn/) |
He highlighted key projects that are expected to create a driving force for Soc Trang’s development in the future, including Tran De seaport projects, the Chau Doc-Can Tho-Tran De expressway and the Dai Ngai bridge over the Hau River, which connects Soc Trang with Tra Vinh and further to Ho Chi Minh City.
Lau said Soc Trang prioritises attracting investment in high-tech and organic agriculture, agricultural production associating with processing, supply chain and consumption of farm products.
The locality is calling on businesses to invest in expanding high-quality service and trade industries in combination with tourism projects, aiming to develop synchronously tourism, resort, and entertainment services, he added.
During the meeting, representatives of major Chinese economic groups and businesses of Soc Trang province discussed issues related to production and business activities, and their strengths as well as exchanged development orientations in the future and industries that attract investment in the locality.
Chinese Consul General to Ho Chi Minh City Wei Huaxiang praised the province's agricultural prowess, particularly highlighting the globally acclaimed ST25 rice, alongside its fruits and seafood products.
Soc Trang province has a lot of potential for economic development, so many Chinese businesses are interested in looking for cooperation and investment opportunities in the province, he said.
The provincial leader said he anticipated that through the meeting, Chinese businesses will discover opportunities for cooperation with local enterprises, thus contributing to speed up the friendly relationship between Vietnam and China.
See also
Vietnam should not miss opportunities to attract FDI
08:00 | 14/05/2024 FDI
New wave of Chinese investment
06:00 | 12/05/2024 FDI
Vietnam attractive destination for Dubai enterprises: Forum
09:04 | 11/05/2024 FDI
Japanese firm to build biomass power plant in Yen Bai
09:51 | 09/05/2024 FDI
Foreign, domestic investment in Ba Ria - Vung Tau rises sharply
09:22 | 07/05/2024 FDI
Thai Binh province rolls out red carpet for Dutch businesses
10:45 | 30/04/2024 FDI
See more news
Vietnam facilitates US investment
06:00 | 27/04/2024 FDI
Lao Cai province calls for more Japanese investments
08:43 | 25/04/2024 FDI
Central Highlands provinces seek closer trade, investment ties with India
09:15 | 18/04/2024 FDI
Vietnam ready to ride US investment wave
06:27 | 15/04/2024 FDI
Government listens to partners, investors
06:00 | 13/04/2024 FDI
French businesses interested in Vietnamese market
14:50 | 08/04/2024 FDI
German businesses to expand presence in Vietnam
16:59 | 05/04/2024 FDI
Hanoi’s development investment increases by 8.5% year on year
08:14 | 04/04/2024 FDI
Bac Ninh’s efforts to improve investment environment pay off
15:15 | 02/04/2024 FDI
Singapore tops foreign investors in Vietnam in first quarter
10:08 | 31/03/2024 FDI
Aquatic product exports enjoy 6% growth in four months
07:00 | 16/05/2024 Major exports
Vietnam charts vision for sustainable, modern fisheries
06:00 | 16/05/2024 Industry
Việt Nam's data centre sector is attractive to foreign investors
06:00 | 16/05/2024 Economy
Centre opened to serve environmental data integration, monitoring network operation
06:00 | 16/05/2024 Environment
Credit access obstacles lifted for collective economic entities
06:00 | 16/05/2024 Finance-Banking
Multimedia
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing
06:00 | 15/05/2024 Lifestyle
The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status
16:49 | 13/05/2024 Lifestyle
HCM City: top spot in Việt Nam for slow travel lovers
09:00 | 13/05/2024 Tourism
The Anam Cam Ranh named among Vietnam’s best family hotels
06:00 | 11/05/2024 Vietnamese Brands
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List
07:00 | 11/05/2024 Lifestyle
Viet Nam targets to have 2 million enterprises by 2030
07:00 | 15/05/2024 Policy
Law on Telecommunications hoped to promote development of new telecoms services
06:00 | 13/05/2024 Policy
2024 Land Law to draw real estate investment, increase social housing supply
06:00 | 11/05/2024 Policy
Việt Nam welcomes US' reviews of Việt Nam market economy status
09:34 | 10/05/2024 Policy
Vietnam charts vision for sustainable, modern fisheries
06:00 | 16/05/2024 Industry
Vietnam should seize opportunity to join global semiconductor supply chain
08:00 | 15/05/2024 Industry
Việt Nam's wood industry strives to match sustainable wood demands
07:00 | 14/05/2024 Industry
Mechanical supporting industry needs long-term solutions
06:00 | 14/05/2024 Support industries
Vietnam should not miss opportunities to attract FDI
08:00 | 14/05/2024 FDI
New wave of Chinese investment
06:00 | 12/05/2024 FDI
Vietnam attractive destination for Dubai enterprises: Forum
09:04 | 11/05/2024 FDI
Vietnam ready to embrace green investment
06:00 | 11/05/2024 Investment
Credit access obstacles lifted for collective economic entities
06:00 | 16/05/2024 Finance-Banking
Government urged to narrow domestic, global gold price gap
08:36 | 15/05/2024 Finance-Banking
Biometric verification ensures safer money transfers
17:23 | 13/05/2024 Finance-Banking
State Treasury raises over 890 million USD worth of G-bonds in April
07:10 | 11/05/2024 Finance-Banking
Centre opened to serve environmental data integration, monitoring network operation
06:00 | 16/05/2024 Environment
Capacity building for policy makers, large emitters on ETS and carbon market
08:48 | 15/05/2024 Environment
Environmental audit to be effective management tool in Việt Nam
06:00 | 15/05/2024 Environment
HCM City boosts efforts to manage canal pollution
06:00 | 13/05/2024 Environment
Full cyber stream ahead Bắc Giang focuses on digital society development
06:00 | 11/05/2024 Science - Technology
35 localities piloting four-wheel EVs for tourists, despite no official legal regulations
07:00 | 09/05/2024 Science - Technology
2024 VinFuture Prize records 1,469 nominations
06:00 | 07/05/2024 Science - Technology
HCM City: Centre for Fourth Industrial Revolution to debut in September
06:00 | 05/05/2024 Science - Technology
Railway sector gets creative to attract passengers
07:00 | 15/05/2024 Society
Việt Nam’s largest high-speed ship service from HCM City to Côn Đảo launched
07:00 | 14/05/2024 Society
Central Highlands to become renewable energy hub
08:58 | 13/05/2024 Society
Hà Nội needs more than $55 billlion for urban railway network
06:00 | 11/05/2024 Metropolis
National Brand Program promotes prestigious Vietnam
13:09 | 15/05/2024 Vietnamese Brands
Largest made-in-Vietnam bulk carrier launched
17:07 | 13/05/2024 Vietnamese Brands
The Anam Cam Ranh named among Vietnam’s best family hotels
06:00 | 11/05/2024 Vietnamese Brands
Kim Sơn sedge weaving named as intangible cultural heritage
06:00 | 09/05/2024 Vietnamese Brands
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing
06:00 | 15/05/2024 Lifestyle
The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status
16:49 | 13/05/2024 Lifestyle
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List
07:00 | 11/05/2024 Lifestyle
European Literary Days focuses on gender
06:00 | 09/05/2024 Lifestyle
Mysterious 'floating' lake discovered in Quảng Bình
16:54 | 13/05/2024 Tourism
HCM City: top spot in Việt Nam for slow travel lovers
09:00 | 13/05/2024 Tourism
The hidden cafes of Hà Nội
06:00 | 11/05/2024 Tourism
Vietnamese Ethnic Culture and Tourism Village hosts numerous activities in May
07:00 | 09/05/2024 Tourism