Phu Tho works to lure U.S. investors

At the event

At the event, Chairman of the provincial People’s Committee Bui Van Quang affirmed that Phu Tho is ready to welcome U.S. enterprises and investors and stand side by side with them throughout their investment and operation processes.

Vietnamese Ambassador to the U.S. Nguyen Quoc Dung stated that the embassy will connect Vietnamese and U.S. partners in the spirit of harmonised interests and shared risks set by the Prime Minister.

With favorable geographic location, about 50km from Hanoi’s Noi Bai international airport, Phu Tho boasts potential and conditions for the development of industry, agriculture, services, and trade.

Its economy has grown 7.86% on an annual basis in recent years, reaching 3.5 billion USD in 2021. The local import-export revenue surpassed 16 billion USD last year and topped 12 billion USD in the first half of 2022.

Currently housing over 200 valid foreign-funded projects, the province is looking to attract investment in advanced technology, clean energy, IT, electronic devices, supporting industries, health care, and education, among others.

Source: VNA