Hanoi (VNA) - Authorities in thenorthern province of Vinh Phuc have rolled out a host of inc♈entives to attractinvestment and make tourism a spearhead economic sector, with major andprestigious groups being sought to invest in areas ripe with pot🅠ential but facingdifficulties in changing their economic structure.

In addition to establishing and reviewing plans inline with regulations, the provincial People’s Committee has also enhancedinvestment promotion programmes and taken the initiative in seeking investors forlarge-scale projects, while at the same time avoiding those that are labour- orenergy-intensive and put the environment at risk. In the recent past, local leaders and relevantagencies have arranged working sessions with leading businesses and investorsto promote the investment climate and also invited them to attend tradepromotion conferences. Home to renowned tourist sites such as Tam Dao, TayThien, and Dai Lai, Vinh Phuc has posted breakthroughs in tourism development overthe last few years. The list of ongoing projects is updated in a timelymanner, especially those in services, tourism, agricultural development, andsocio-economic infrastructure. The province is attempting to attract greater investmentin tourism projects boasting huge potential, including Tam Dao 2, Dam Vac, DaiLai, and Vinh Thinh-An Tuong resorts, and eco-tourism projects on Tam Dao Mountain. Furthermore, due regard has been paid to thebuilding of roads, lighting systems, and water drainage. Local authorities havealso devised specific policies to create optimal conditions for tourisminvestors. They will join hands with investors to providetraining for local workers and create stable jobs for them at high-qualitytourism complexes. Vinh Phuc has attracted a total of 29 new tourism projectssince 2016, five of which have received additional capital. Notable projects include Flamingo Dai Lai, withregistered capital of more than 6 trillion VND (258.9 million USD), and the firstphase of the Tam Dao II project belonging to property developer the Sun Group,with nearly 3 trillion VND.  The first phase of the FLC Luxury Resort Vinh Phuchas come on stream, with about 600 billion VND earmarked in total. Many other projectshave become operational and attracted a large number of holidaymakers. With suitable mechanisms and policies and, especially,due attention paid and optimal conditions offered by local authorities, a hostof major groups have looked to invest in Vinh Phuc. The Doji group is studying an area surrounding XaHuong Lake in Tam Dao district, while An Thinh Vinh Phuc is seeking to buildthe Ban Long and Gia Khau golf courses in Tam Dao and Binh Xuyen. Meanwhile, an eco-tourism project from the Nam TamDao company around Thanh Lanh Lake in Binh Xuyen is underway. Other investors have surveyed areas boasting substantialpotential, such as Dam Rung in Vinh Tuong district, Van Truc Lake in Lap Thachdistrict, and Bo Lac in Song Lo district. Vinh Phuc province welcomed about 6.1 milliontourist arrivals last year, 17 percent higher than in 2018, including 43,500foreigners, and earned 1.9 trillion VND (nearly 82 million USD) from the tourismsector, according to industry insiders. The figures are impressive, as in 2016 the province,just north of the capital Hanoi, welcomed only 3.8 million visitors, including28,000 foreigners, and 5.2 million in 2018, including 40,200 foreigners. Tam Dao is a small mountainous township at analtitude of 1,000 metres above sea level with cool weather throughout the year,much like Da Lat and Sa Pa. It is also just 70 km from Hanoi, which makes it anideal summer getaway on the weekend. There are plenty of options in the town for touristskeen to take a break from busy city life./.