PM lauds Binh Phuoc’s efforts to foster economic growth
Prime Minister Nguyen Xuan Phuc on August 20 hailed Binh Phuoc province’s efforts to seek new markets as a crucial step towards expanding production and fostering growth, affirming this way would help attract potential investors.
Binh Phuoc (VNA) – Prime Minister Nguyen Xuan Phuc on August 20 hailedBinh Phuoc province’s efforts to seek new markets as a crucial step towardsexpanding production and fostering growth, affirming this way would helpattract potential investors.
Speaking at a working sessionwith provincial leaders within the framework of his visit to the southern province,PM Phuc noted that Binh Phuoc’s Provincial Competitiveness Index (PCI) remainslow, ranking 62nd out of the country’s 63 provinces and cities in 2017.
The government leader asked theprovince to exert more efforts to improve its index ranking and businessenvironment.
Its high poverty rate is also aproblem that needs to be addressed, he added, stressing the need to payattention to building trademarks for local agricultural products.
The PM urged the province tofocus on preventing all kinds of crimes to ensure a peaceful life for localpeople and to serve economic development. He emphasised that by building a peacefulborderline, favourable conditions would be created for trade activities andeconomic cooperation.
PM Phuc expressed his hope thatBinh Phuoc will concentrate further on developing the private economic sector,attracting more investment in agriculture, and protecting forests.
He also requested ministries towork with the province and provide support during its socio-economicdevelopment process.
With a low starting point as apoor province after its re-establishment in 1997, Binh Phuoc has made constantefforts to develop and become one of the eight key localities in the southerneconomic zone.
The province’s gross regionaldomestic product (GRDP) reached 6.64 percent in the first half of 2018, whileState budget collection was valued at 4.9 trillion VND (215.8 million USD) inthe first seven months of the year.-VNA
Prime Minister Nguyen Xuan Phuc has commended Army Corps 16 under the Ministry of Defence on its role in local socio-economic development and defence-security maintenance during his visit to the military corps in the southeast province of Binh Phuoc on August 20.
Prime Minister Nguyen Xuan Phuc urged the southern province of Binh Phuoc to continue improving business climate and removing bottlenecks for investors, while attending an investment promotion conference in the locality on August 20.
Nineteen projects with total capital of 1 billion USD received investment licenses at an investment promotion conference of southern Binh Phuoc province on August 20.
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The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
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Prime Minister Nguyen Xuan Phuc (C) (Source: VNA) 
