Border Province of Lang Son Grants 14 Investment Licenses Totalling Almost USD 800 Million in Promotion Conference

Prime Minister Pham Minh Chinh participated in a grand conference held in Lang Son, delineating ambitious development blueprints and courting investors to expedite the province’s metamorphosis into a regional trade and industry hub.

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Prime Minister Pham Minh Chinh highlighted Lang Son province’s growth potential on April 21st at a conference announcing new planning and investment promotion initiatives to attract investors and drive development in the province.

Joining the Prime Minister were key members of the Party Central Committee, including Minister of Planning and Investment Nguyen Chi Dung, Minister of Education and Training Nguyen Kim Son, and Minister of Health Dao Hong Lan.

Also in attendance were Lang Son Provincial Party Committee Secretary Nguyen Quoc Doan, leaders from various ministries and northern provinces, diplomatic representatives, international organizations, and business leaders.

Lang Son province unveiled the core elements of its newly approved 2021-2030 Provincial Plan, outlining a vision extending to 2050. The plan highlights investment opportunities, policy incentives, and priority projects. The province showcased its achievements and introduced signature local products.

Chairman of Lang Son Provincial People’s Committee Ho Tien Thieu at the conference. (Photo source: VGP)

During the event, 14 projects received investment policies and registration certificates, representing a total investment of over VND 18,600 billion (approximately USD 775 million). Additionally, nine investment memorandums were signed, totaling over VND 21,000 billion (approximately USD 875 million) in potential investments.

Lang Son’s ambitious goals by 2030 include becoming a leading economic center in Vietnam’s northern midlands and mountainous regions. The province aims to play a key role in trade between Vietnam, ASEAN nations, China, and Europe.

Lang Son also prioritizes social stability, strong national defense, and environmental sustainability. The province strives to establish itself within the top five northern provinces based on its economic scale and GRDP per capita by 2030.

The plan outlines strategies for key industries, including industrial development, services, border trade, the Dong Dang – Lang Son Border Gate Economic Zone, agriculture, forestry, and fisheries.