The south-central coastal province of Ninh Thuan hosted an investment promotion conference in Bien Hoa City, southern Dong Nai Province, on October 18. The event focused on attracting investment in the province's energy, technology, environment, waste treatment, food processing, and other sectors.

Ninh Thuan's leaders extended a warm welcome to associations and over 100 prominent entrepreneurs and businesses from Dong Nai and other localities in the southern region, highlighting the province's investment opportunities in industrial zones and clusters such as Phuoc Nam, Thanh Hai, Du Long, and the proposed Ca Na Industrial Park.

Mr. Tran Quoc Nam, Chairman of the Ninh Thuan Provincial People's Committee, emphasized the province's commitment to creating a favorable environment for investors and businesses to succeed, contributing to the socio-econonomic development in Ninh Thuan.

Ninh Thuan's socio-economic situation has witnessed positive changes in recent years, with a significant expansion of its economic scale.

The average annual growth rate of Gross Regional Domestic Product (GRDP) in the period 2021-2023 reached 9.28%, surpassing the average for the southern central coast . The province's competitiveness has also improved, ranking 11th out of the nation's  total 63 provinces and centrally-run cities in the Provincial Competitiveness Index (PCI) 2023.

The Ninh Thuan Provincial Planning for 2021-2030, with a vision to 2050, aims for the province to become a locality with a high middle-income level by 2030, focusing on marine and urban economies as growth drivers.

The conference concluded with the signing of five memoranda of understanding (MoUs) between units and investors from Dong Nai and Ninh Thuan provinces.