On the afternoon of May 7, comrade Trinh Xuan Truong, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee had a working session with the working delegation of the Vietnam Family Business Council led by Dr. Pham Dinh Doan, Chairman of the Council, to learn about the investment environment in Lao Cai .
Also attending were leaders of a number of departments, branches and relevant units of the province.

At the meeting, Chairman of the Provincial People's Committee Trinh Xuan Truong briefly introduced the province's potentials and advantages in socio-economic development; priority areas for attracting investment such as industry, agriculture, border gate economy, tourism; preferential policies and investment support in and outside the economic zone.
The Chairman of the Provincial People's Committee emphasized that, with its position as the vertical connection center of the Kunming - Lao Cai - Hanoi - Hai Phong - Quang Ninh economic corridor, the East - West horizontal connection between the northern border provinces bordering China, Lao Cai has been promoting its role as an economic and cultural "bridge", opening up a large and potential development space for the region and the whole country.

Chairman of the Provincial People's Committee Trinh Xuan Truong said that, promoting those potentials and advantages, Lao Cai is determined to promote administrative reform, make efforts to strongly improve the investment and business environment and accompany the business community and economic sectors investing in the province. In particular, in recent years, the province has focused on developing transport infrastructure, especially connecting transport...

According to the Chairman of the Provincial People's Committee, along with the transformation in many fields, Lao Cai has many favorable conditions and potential for deep mineral exploitation, deep processing of agricultural products associated with the market, development of trade - tourism economy, investment in the fields of health, education... as well as preferential policies, land and infrastructure, to meet the needs of investors, this is also a good opportunity for businesses to invest in the province.

Currently, Lao Cai province's enterprises are mainly small and micro enterprises, so the province hopes to have large enough domestic enterprises to join in connecting and cooperating with Chinese enterprises, in order to promote trade - service activities, import - export of goods, logistics services, tourism, etc.

At the meeting, Dr. Pham Dinh Doan, Chairman of the Vietnam Family Business Council, said: The Vietnam Family Business Council currently has 60 members who are chairmen of associations of provinces in the country, and are also large enterprises nationwide in various fields.
The Chairman of the Vietnam Family Business Council hopes that the provincial leaders will pay attention and create favorable conditions for the Council's member businesses to research and invest in the fields of industrial production, border gate economy, general warehouses, agriculture, social housing, international schools, golf courses, etc. After today's working session, the Vietnam Family Business Council hopes that there will soon be investment promotion activities in Lao Cai and that businesses will cooperate and support each other to develop together.

In his concluding remarks at the meeting, Chairman of the Provincial People's Committee Trinh Xuan Truong affirmed: Lao Cai province always welcomes and creates all conditions for businesses of the Vietnam Family Business Council in particular and domestic and international businesses in general to come and learn, exchange information and invest effectively in the province.
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