Ambassador and Head of Delegation of Vietnam missions abroad visit the Vung Ang Economic Zone

Ambassador and Head of Delegation of Vietnam missions abroad visit the Vung Ang Economic Zone
(Baohatinh.vn) Continue the work program in Ha Tinh province, today (14/6), Ambassador and Head of delegation of the Vietnam missions abroad was to visit the Vung Ang Economic Zone. Chairman Le Dinh Son, Deputy Secretary of Party Committee Le Thanh Long and the Vice Chairman were with the delegation.
Ambassador and Head of Delegation of Vietnam missions abroad visit the Vung Ang Economic Zone
Ambassador and Head of Delegation of Vietnam missions abroad visit the Vung Ang Economic Zone

Visiting the construction site of Son Duong Port and Steel Complex Formosa

Delegation visited the construction site Steel Complex and Son Duong port. Project by the Iron and Steel Co., Ltd. Formosa Ha Tinh Hung Industrial investment funds with phase 1 is 10.548 billion, using 3.318,72ha area.

To date, the net present value of more than 7.294 billion project. As planned, the total investment by 2015 is 8.920 billion dollars, is expected to the end of 2016 will disburse 10.548 billion and completed Phase 1 of the project.
Ambassador and Head of Delegation of Vietnam missions abroad visit the Vung Ang Economic Zone

Chairman Le Dinh Son noted the recommendations proposed Hung Steel Co., Ltd. Industrial Formosa Ha Tinh and commitment to always create the most favorable conditions for business activities, willing companion to accelerate progress projects, key projects.

The delegation also visited the Vung Ang Thermal Power Plant 1 by the National Oil Corporation as an investor with a capital of USD 1,595 billion. Until now, both units with total capacity of 1,200 MW has national grid, while Units 1 Grid date 27/12/2013, units 2 and Grid date 11/10/2014 commercial power generation in the month 5/2015.
Ambassador and Head of Delegation of Vietnam missions abroad visit the Vung Ang Economic Zone

Missions visit Vung Ang Thermal Power Plant 1

At the destination, in addition to listening to represent investors progress report, Chairman Le Dinh Son also more information about the missions with guidelines and policies to attract investment, defense reform administrative, support mechanisms, facilitate maximum for investors and businesses operating in the province in recent years, with the focus on implementing solutions in the future.

Chairman also pointed out the advantages, disadvantages and proposes a number of measures to head the Vietnam missions abroad consider, Ha Tinh enabling good work done to attract investment External.

Ha Tinh are committed to creating maximum conditions for business operations, willing companion to accelerate the implementation of projects, key projects, creating momentum to accelerate the process of socio-economic development of localities attacks.

The delegation is also to visit the vegetable production project - tubers - the sand in Thach Van.


Ha Tinh country currently ranks 6th in attracting foreign direct investment (FDI) while 56 projects were granted investment certificates with a capital of over $ 16.5 billion, from 11 countries and regions such as : South Korea, Taiwan (China), Singapore, Brunei, Australia, the US, Czech Republic, Thailand, the Philippines, Laos, China.

By July 5/2015, Vung Ang Economic Zone has more than 400 active registered businesses, including business 94 investment projects were granted investment certificates with a total registered capital of 17 billion USD, capital investments made reaching 178,938.5 billion.