With diversified terrain, the central coastal province of Phu Yen has favourable conditions to develop farm produce. In light of agricultural restructuring, the province has developed specialised farming zones planting sugarcane, cassava, rubber and pepper, along with building processing factories, in a bid to create a supply chain raising products’ values. In 2001, Indian-invested KCP Vietnam Company Ltd. built a 42 million USD factory in the mountainous district of Son Hoa, with daily capacity of 2,500 tonnes of sugar. To date, the company has built one more factory in Đồng Xuân district, helping raise total capacity to 10,000 tonnes per day. Subbaiah – General Director KCP Vietnam Company Ltd., We have been facilitated while investing in Phu Yen. We have worked with more than 10,000 local households. Thanks to fine relations with local workers and authorities, we have raised capacity by four times. Tourism is another of Phu Yen’s spearhead sectors. With a long coastline of nearly 200 km and an ocean of landscapes such as Ganh Da Dia (the cliff of Stone Plates), Ô Loan lagoon, Xuân Đài Bay, the province holds huge potential for developing sea and resort bio-tourism. The primitiveness and plentiful tourist products have turned Phu Yen into an attractive destination. In 2017, the number of tourists to the locality reached 1.4 million, helping earn more than 522,000 USD. Secretary of Phu Yen Provincial Party Committee via Chairman of Phu Yen People’s Committee, Huynh Tan Viet said “We hope that investors will pay more attention to… [Read full story]
In the morning of August 21st, at Phu Yen Cultural Labor House effervescently and excitedly commenced the 19th Traditional Phu Yen newspaper open cross-country marathon. Participating in the prize this year were 19 teams from inside and outside the province with 220 athletes both professional and amateur, competing in the distance of 10 km, 7km, 4km and 2km. Female athletes in the 5-km-distance on the track. The opening ceremony was attended by Mr. Huynh Tan Viet, standing deputy secretary of the Provincial Commissioner, Chairman of the Provincial People's Council; Mr. Tran Quang Nhat, Member of Standing Board of…... [read more]
(Cinet)- On November 24th, the Department of Culture, Sports and Tourism of Phu Yen Province held starting classes to teach the folk songs, bai choi and professional training of cultural heritage for nearly 200 staffs of cultural facilities in the province. During the four days (from 24 to 27th November), the learners will be guided and taught by two performing artists – Nguyen Vu Hoai Nguyen Phung Ky the cursory theory of the origin of bai choi, the nature of the tunes and the practice on folk songs, bai choi, the young-girl tunes, musical notes, sac bua, Quang traditional…... [read more]
Chairman of the Phu Yen People's Committee Pham Ngoc Chi has stated the province will simplify its administrative procedures and make site clearances easier and will provide incentives for investors doing business in the coastal southern central province. Addressing the Phu Yen investment-tourism promotion conference held in Hanoi on Oct. 7, Chairman Chi called on businesses to invest in petrochemicals, mining, minerals processing, coastal tourism, agro-forestry-fisheries industries, hydro-electricity and transport. At the meeting, Deputy Prime Minister Nguyen Sinh Hung called on domestic and foreign investors to put their money into central Vietnam, including Phu Yen province. To ensure and promote…... [read more]
The central coastal province of Phu Yen has to date received 36 foreign-invested projects with a total investment of nearly 4.5 billion USD. Of the figure, 20 projects capitalizing at over 4.3 billion USD were located in coastal areas, mostly in the fields of industry, construction, tourism, and fish farming and processing. Meanwhile, 7 projects were pumped into mountainous areas, engaging in mining, agro-processing and reforestation, totalling over 149 million USD. Several major projects, including Vung Ro Petroleum Refinery, Bac Au International Tourism Village, New City high-end Resort Complex and Dong Xuan micro-fertilizer manufacturing plant, are expected to create about…... [read more]
The People's Committee of the central province of Phu Yen on Feb. 19 held dialogue with almost 100 domestic and foreign investors in the province. Accordingly, it will readjust its planning in all fields, improve investment and business environment for all businesses, promote the reform of administrative procedures and make public investment process, speed up site clearance, devise promotion programmes, and revoke investment licences of those projects that are not implemented as regulated. The province now has 223 domestic projects worth almost VND 51 trillion and 35 foreign-invested projects totalling more than $8 billion. Of the figure, 86 domestic and…... [read more]
