Northwestern region intensifies ties with diplomatic missions abroad

Leaders of the Steering Committee for the Northwestern Region and regional localities have expressed their hope that the heads of Vietnamese diplomatic missions abroad would help promote the potential and advantages of the region in trade, investment and tourism to the world.

The meeting between the Steering Committee for the Northwestern Region and heads of Vietnamese diplomatic missions abroad
The meeting between the Steering Committee for the Northwestern Region and heads of Vietnamese diplomatic missions abroad

At a meeting in Yen Bai province on May 27, they requested diplomats introduce potential businesses and investors to the region and create favourable conditions for regional provinces to access official development assistance (ODA) and aid from non-governmental organisations (NGO).

The diplomats were also asked to facilitate the exports of northwestern enterprises to their host countries.

The heads of diplomatic missions, who are undertaking their duty in the 2016-2019 tenure, vowed to tighten connections in investment, culture and people-to-people diplomacy between their host countries and northwestern localities.

Over the past years, the northwestern region has enjoyed positive economic growth. In 2015, its total economic output grew 8.63%, and annual per capita income averaged VND27.4 million (US$1,224), up from VND12.4 million in 2010.

Last year’s state budget revenues exceeded VND30 trillion, 2.5 times higher than that of 2010. The proportion derived from agricultural production was 20.4%, down 12.3 percentage points compared with 2010.

Regional provinces are also stepping up cooperation with Laos and China, and gradually expanding their partnership with Japan, the Republic of Korea and the European Union.

As of last year, the region had attracted over US$4 billion in ODA, US$9 billion in foreign direct investment and US$160 million from NGOs.

The same day, the diplomats had a working session with leaders of Yen Bai province.