Scene at the seminar (Photo: VNA) Phu Yen (VNA) – The Phu Yen People’s Committee on June 12 held a seminar on the reform and development of the south-central province in three decades since it was re-established on July 1, 1989. According to Chairman of the committee Pham Dai Duong, the seminar created a chance for scientists and experts to discuss the province’s achievements and shortcomings across fields. Their comments would contribute to guiding socio-economic growth orientations and integration vision for Phu Yen in the new context. As heard at the function, the province annually grew 9 percent on average between 1989 and 2018, with its economic structure shifting toward having larger proportion of industry-construction-service and smaller proportion of agriculture. During 1990-2018, Phu Yen recorded its whole society’s investment in boosting local production capacity and resources at over 126.9 trillion VND (5.45 billion USD). The province’s per … [Read more...] about Seminar reviews 30-year reform of Phu Yen
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Phu Yen is increasingly attractive to international tourists
Latdavanh Inthaphonh, Deputy-Head of Consulate General of Laos in Ho Chi Minh City said that right when she first set her foot in Phu Yen, she felt relaxed. In fact, this South Central coastal province has emerged as an attraction after the screening of the film “Yellow flowers on the green grass.” The beauty of Phu Yen is of simplicity in both scenery and people. It is the place where someone could see the strict observance of traffic law on streets. Despite scorching weather, deserted roads, local people keep stopping at traffic lights when they turn red. An important international event hosted at a resort in Phu Yen Phu Yen is also charming thanks to simple images of a small girl cycling in the sea of plants, of roofs near forest or on water, looking like oases. Phu Yen has Ghenh Da Dia (Cliffs of Rock Plates), Dai Lanh cape, Vung Ro and Xuan Dai bays, and more. Each landscape gives tourists different feelings. Learning more about the … [Read more...] about Phu Yen is increasingly attractive to international tourists
Phu Yen calling for more FDI projects
Phu Yen province's Da Dia reef in a glorious sunset (Photo: VNA) Phu Yen (VNA) – The authorities of Phu Yen province are calling for more foreign investors to come to seek investment opportunities in tourism and high-tech agriculture at a pre-Tet meeting with foreign businesses, experts and volunteers in on February 1. Phan Dinh Phung, Vice Chairman of the Phu Yen People’s Committee pledged that the locality will provide optimal conditions for investors to carry out their projects effectively. In 2017, Phu Yen received 14.5 million USD in foreign direct investment (FDI) and FDI projects created jobs for thousands of local people. In early 2018, the province granted investment certificates to 35 foreign-invested projects. Foreign investors present at the meeting spoke highly of potentials and advantages owned by Phu Yen, especially those in tourism, high-tech agriculture, and aquaculture. They agreed that infrastructure and quality human resources are advantages … [Read more...] about Phu Yen calling for more FDI projects
Phu Yen remains open door to investors
With diversified terrain, the central coastal province of Phu Yen has favourable conditions to develop farm produce. In light of agricultural restructuring, the province has developed specialised farming zones planting sugarcane, cassava, rubber and pepper, along with building processing factories, in a bid to create a supply chain raising products’ values. In 2001, Indian-invested KCP Vietnam Company Ltd. built a 42 million USD factory in the mountainous district of Son Hoa, with daily capacity of 2,500 tonnes of sugar. To date, the company has built one more factory in Đồng Xuân district, helping raise total capacity to 10,000 tonnes per day. Subbaiah – General Director KCP Vietnam Company Ltd., We have been facilitated while investing in Phu Yen. We have worked with more than 10,000 local households. Thanks to fine relations with local workers and authorities, we have raised capacity by four times. Tourism is another of Phu Yen’s … [Read more...] about Phu Yen remains open door to investors
Phu Yen ready for an explosion of tourism: PM
Investors should turn the potential of central coastal Phu Yen Province into money, Prime Minister Nguyen Xuan Phuc said on Friday. Speaking at the largest investment promotion conference held in the province, Phuc asked the locality to continue to use tourism as its development momentum. “The province should attract big and prestigious investors while diversifying and improving tourism quality," he said. "It should also enhance links with other localities inside and outside the country.” Phu Yen has a north-south road system, railway, airways and seaway. It also has diversified natural resources, including sea economic sectors, hi-tech agriculture, agro-forestry, minerals and renewable energies. Phuc highlighted the advantages of the province and its dynamic authorities in welcoming “sunrise” development. The PM said he valued the province’s efforts in developing economic infrastructure and improving the investment environment. “With its advantages … [Read more...] about Phu Yen ready for an explosion of tourism: PM
PM attends Phu Yen’s investment promotion conference
Prime Minister Nguyen Xuan Phuc shakes hands with investors at Phu Yen’s investment promotion conference on January 19 (Photo: VNA) Phu Yen (VNA) – Prime Minister Nguyen Xuan Phuc attended an investment promotion conference of Phu Yen in Tuy Hoa city on January 19, where he called on investors to help transform potential and advantages of the south central province into concrete values. Having applauded Phu Yen’s efforts in economic development, infrastructure building and investment climate improvement, PM Phuc expressed his hope that with these initial foundations and local people’s industriousness, the province will develop rapidly and sustainably and become one of the leading localities in the central and Central Highlands regions. To reach the target, he asked Phu Yen to strongly reform its mindset and be creative to have more synchronous and effective solutions, adding that the entire political system needs to join hands in addressing … [Read more...] about PM attends Phu Yen’s investment promotion conference
Construction begins on Da Rang and Song Chua bridges in Phu Yen
The construction project of Da Rang and Song Chua bridges in the southern province of Phu Yen was kicked off on Friday morning at a ceremony attended by PM Nguyen Xuan Phuc and representatives from the Ministry of Transport. PM Nguyen Xuan Phuc, representatives from the Ministry of Transport and Phu Yen Province attend the ground breaking ceremony for the Da Rang and Song Chua bridges in Phu Yen Province on January 19 The project is expected to ease the burden on the old Ba Dang and Song Chua bridges which have just banned vehicles with 12 seats or bigger.The two bridges will be built on the National 1A in Tuy Hoa Province with two lanes for cars and motorbikes and a lane for pedestrians, having total length of 1,600 metres.The project will be carried out by the Ministry of Transport with total investment of over VND340 billion (USD14.98 million).Speaking at the ceremony, Deputy Minister of Transport, Le Dinh Tho, said that the project will be completed and put into operation at … [Read more...] about Construction begins on Da Rang and Song Chua bridges in Phu Yen
High-tech bitumen plant to be built in Phu Yen
Chairman of DenimoTech (left) and CEO of Vung Ro Petroleum (right) agree to build a high-tech bitumen plant.(Source: VNA) Hanoi (VNA) - Danish global machinery equipment maker DenimoTech and Vung Ro Petroleum Company Limited on January 11 signed an agreement to build a high-tech bitumen plant in the central coastal province of Phu Yen. The construction of the plant will be divided into two phases. The first will be implemented in a year, and the second will begin in the middle of the year and last for 26-28 months. During the first phase, the plant will import high quality bituminous binders from the world’s leading manufacturers and process them into advanced construction materials for both the Vietnamese market and exports to neighbouring countries. The plant has been designed to have a storage capacity of 12,000 metric tonnes (MT) with a second phase upgrade to 30,000 MT. It is expected to be a top-notch environmentally-friendly bitumen-emulsion and … [Read more...] about High-tech bitumen plant to be built in Phu Yen
Phu Yen to get high-tech bitumen plant
Danish global machinery equipment maker DenimoTech and Vung Ro Petroleum Company Limited on Thursday signed an agreement to build a high-tech bitumen plant in the central coastal province of Phu Yen.The construction of the plant will be divided into two phases. The first will be implemented in a year, and the second will begin in the middle of the year and last for 26-28 months.During the first phase, the plant will import high quality bituminous binders from the world’s leading manufacturers and process them into advanced construction materials for both the Vietnamese market and exports to neighbouring countries.The plant has been designed to have a storage capacity of 12,000 metric tonnes (MT) with a second phase upgrade to 30,000 MT. It is expected to be a top-notch environmentally-friendly bitumen-emulsion and polymer-modified bitumen plant. It will also be a state-of-the-art packing facility for exports of hi-tech bituminous products to regional markets. It will have its own … [Read more...] about Phu Yen to get high-tech bitumen plant
Phu Yen pours over 2.1 trillion VND into aquaculture
Phu Yen pours over 2.1 trillion VND into aquaculture (Photo VNA)Phu Yen (VNA) – Authoritiesin the central coastal province of Phu Yen will spend nearly 2.12 VND trillion(93 million USD) developing aquaculture from now until 2025.According to ViceChairman of the provincial People’s Committee Tran Huu The, the master plan on fisheriesdevelopment by 2025 with a vision toward 2030 will involve aquaculture, harvestand processing and building infrastructure for fishing logistics, includingbreed stock production.From now until2020, the province will invest more than 1.45 trillion VND (64 million USD) inconducting 13 key projects that aim to boost sustainable fisheries development.These projectsinclude building Long Thanh aquaculture infrastructure system, upgradinginfrastructure for the Hoa An aquaculture production centre in Song Cau town,building a fishing port, a tuna auction market and a tuna processing factorywith a capacity of 1,800 tonnes per year in Tuy Hoa city.In Song … [Read more...] about Phu Yen pours over 2.1 trillion VND into aquaculture