Using a loan from the provincial Bank for Social Policies, Tran Thi Huong’s family in Phu Lam ward, Tuy Hoa city, plants flowers, creating stable income. (Photo: nhandan.com.vn)Invested by the Government’s Program 30A on supporting rapid and sustainable poverty reduction in poor districts and Program 135 on boosting socio-economic development in extremely disadvantaged communes, the money will be used to build infrastructure for boosting production, diversify people’s means of livelihoods, expand poverty reduction models in the two mountainous districts of Dong Xuan and Song Hinh, 11 extremely disadvantaged communes, 29 extremely disadvantaged villages and 11 coastal poor communes. Earlier, the provincial People’s Committee issued a plan on boosting sustainable poverty reduction by launching a preferential credit program worth over VND615 billion, benefiting 26,188 poor and nearly-poor families. Additionally, it will be spent boosting production, assisting … [Read more...] about Phu Yen province invests in sustainable poverty reduction
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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
Vietnamese PM urges Phu Yen province to undertake bolder reform
He said the province must strive to improve its economic competitiveness and public administration performance, as well as quickly dealing with any obstacles facing investors. The government leader made the request while attending a conference on January 19 to call for investment in Phu Yen province, best known as the filming location of the movie Yellow Flowers on the Green Grass. Located in Vietnam’s south central coast, Phu Yen province has enormous potential to develop its marine industries, tourism and renewable energy. PM Phuc said that the province needs to join the nationwide reform drive and eliminate bureaucracy in order to create a dynamic government that is welcoming to the people and the business community. Furthermore, he invited investors to come and do business in Phu Yen province to transform its potential into real economic benefits, while urging them to protect the environment and local culture. As part of the conference, the province announced a list of 17 … [Read more...] about Vietnamese PM urges Phu Yen province to undertake bolder reform
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
Phu Yen calls for investment in key projects
At the conference, Phu Yen leaders hoped investors will find opportunities in the potential land.Lying in the south-central coastal region, Phu Yen has several famous landscapes, and cultural and historical sites, and serves as a gateway to the East Sea for provinces in the Central Highlands. Its main infrastructure is completed with seaports, an airport, a north-south railway and a road network linking neighbouring provinces. Particularly, the Ca Pass Tunnel has been put into operation while the Cu Mong Pass project is expected to complete in early 2019, helping facilitate travelling on Highway 1A.According to provincial leaders, in addition to incentives under current regulations, Phu Yen has made a great effort to accelerate administration reforms to support businesses and attracted investment in sea and island tourism, cultural, historical and entertainment tourism, infrastructure and urban areas, hi-tech agriculture, agri-forestry and aquatic processing, fishery logistics … [Read more...] about Phu Yen calls for investment in key projects
New tourism project launched in Phu Yen
The HCM City-based Tan Viet An House Trading and Investment Joint Stock Company has total investment of VND560 billion (US$24 million) in the complex.Covering an area of 9.2 hectares in Tuy Hoa City, the Viet Beach project includes an eight-floor hotel, 27 villas, 106 bungalows and some entertainment facilities such as a gymnasium and club, swimming pool, children’s playground and restaurants.Tran Duy Dung, general director of the company, said that the project is scheduled to be completed in two years.It is expected to create jobs for about 450 local workers. Source VNA … [Read more...] about New tourism project launched in Phu Yen
TH Group begins construction of hi-tech milch cow farm in Phu Yen
Illustrative image (Source: VNA) Phu Yen (VNA) - Vietnam’s TH Group, famous for its TH True Milk brand, held a ground-breaking ceremony in the south central province of Phu Yen on January 18 for a high-tech milch cow and milk processing complex. Lying in Son Dinh commune, the mountainous district of Son Hoa, the project will raise 5,000 milch cows, build materials zones and produce around 72 tonnes of fresh milk per day in the first stage with a total investment of 1.151 trillion VND (51.15 million USD). During the second stage, the cow herd will increase to 20,000 heads at a combined cost of 4.570 trillion VND. Apart from more than 78 ha of land used for farms, the group will partner with local residents to build feed materials zone on a site of roughly 377ha, mostly corn and grass for cows. The milk processing plant is due to be built in An My commune, Tuy An district. Thai Huong, TH Group founder, said the complex uses milch cow management technology of … [Read more...] about TH Group begins construction of hi-tech milch cow farm in Phu Yen
Phu Yen pours over VND2.1 trillion into aquaculture
From now until 2020, the province will invest more than VND1.45 trillion (US$64 million) in conducting 13 key projects that aim to boost sustainable fisheries development.These projects include building Long Thanh aquaculture infrastructure system, upgrading infrastructure for the Hoa An aquaculture production centre in Song Cau town, building a fishing port, a tuna auction market and a tuna processing factory with a capacity of 1,800 tonnes per year in Tuy Hoa city.In Song Cau town, the province will also construct a frozen seafood processing factory with a capacity of 3,500 tonnes per year and a factory to produce feed for lobsters, which can make 1,000 tonnes per year.The master plan is aimed at giving a boost to local aquaculture and production, contributing to developing the local economy. The province has set a target of reaching an average growth of 5.2% per year from now until 2030. … [Read more...] about Phu Yen pours over VND2.1 trillion into aquaculture
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