On November 26th, the People’s Committee of An Giang Province organized an Investment Potential Introduction and Typical Product Promotion Conference in Ho Chi Minh City.

The conference aimed to introduce the province’s potential and competitive advantages, as well as the list of key projects to attract investment in line with the orientation of the An Giang Provincial Planning for the period of 2021 – 2030, with a vision towards 2050.

The event also created opportunities for investors, enterprises, and international organizations to learn about the province’s investment incentives and environment, focusing on large-scale agricultural economics, high technology applications, and advanced techniques; trade, services, and tourism…

Mr. Ho Van Mung, Chairman of the An Giang People’s Committee, shared that the province has a lot of potential to develop its service and tourism industry into a significant sector of the economy. Currently, the service and tourism industries account for approximately 45% of the economic structure. “The plan is for it to reach 50% by 2030, so there is still room for growth. We hope that investors will consider investing in eco-tourism, domestic tourism, and especially resort tourism,” Mr. Mung appealed.

Mr. Ho Van Mung, Chairman of the An Giang People’s Committee, speaking at the conference

According to the leadership of the An Giang People’s Committee, the province welcomes about 9 million visitors annually, but the tourism industry’s revenue is only about VND 10,000 billion. This means that each visitor’s spending is quite low, at only VND 1 to 1.1 million per person. This destination is calling for investments in high-quality resorts, hotels, and accommodation facilities to encourage longer stays, entertainment, and the enjoyment of local specialties.

“Regarding services, we hope that investors will not only build 4-5 star hotels and resorts but also consider investing in modern shopping centers, especially given our proximity to Cambodia. We can develop a large shopping center to attract domestic and foreign tourists, including international visitors from Cambodia. Phnom Penh is just 70km away by road, providing a great opportunity to attract international tourists to An Giang,” noted Mr. Ho Van Mung.

An Giang commits to accompanying and sharing with investors by providing the best possible support and addressing any issues of harassment or inconvenience for investors to attract investment to the locality.

“The province pledges to handle all issues related to harassment and negative investment experiences to ensure that investors feel secure, comfortable, and confident in investing in An Giang,” emphasized Mr. Ho Van Mung.

Local specialties introduced by An Giang to investors and visitors

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