Many major projects that have completed investment procedures and begun construction in the early months of the year are expected to create new momentum to help Hue thrive.

Through diplomatic activities, Hue has become a partner of many foreign localities, thereby gradually diversifying its investment promotion efforts.

Along with innovations in investment promotion activities, the government’s support in promoting projects acts like a “magnet” attracting foreign direct investment (FDI) enterprises to Thua Thien Hue (now known as Hue City) (*).

Thua Thien Hue becoming a centrally-governed municipality is an important milestone that opens up many opportunities for investment promotion and attraction activities.

It is undeniable that investment promotion activities are making great strides in recent times, but investment promotion activities also need to be adjusted to be more consistent with planning and development orientations of the province.

“The government will enhance activities and support solutions for FDI enterprises” affirmed Mr. Phan Quy Phuong, Vice Chairman of the Provincial People’s Committee, at the conference “Meeting with foreign-invested enterprises in Thua Thien Hue province in 2023” organized by the Planning and Investment Department and the FDI Club of Thua Thien Hue on the afternoon of December 19.

On the afternoon of November 8th, the Department of Science and Technology, in coordination with the Department of Tourism, organized the forum themed “Promoting investment activities and open innovation in the province’s tourism industry”.

Strongly improving the investment and business environment has been helping Thua Thien Hue gain a competitive advantage, and attract domestic as well as foreign investments. This also presents an opportunity and favorable conditions for the province to continue promoting investment activities with a strategic focus.

Public investment resources play a significant role in speeding up economic, political, and social development, especially in the construction of economic and social infrastructure, creating a favorable environment for production, business, and enterprise activities. In the face of recent challenges in this field, Thua Thien Hue Weekly had a discussion with the Vice Chairman of the Provincial People's Committee, Mr. Phan Quy Phuong.

The conference themed “Developing an open innovation start-up ecosystem in association with investment and technology transfer activities in Thua Thien Hue province” was held on the morning of April 18th.