Phu Yen (VNA) – The Phu Yen People’s Committee on June 12 held a seminar on the reformand development of the south-centralprovince in three decades since it was re-established on July 1, 1989.
According to Chairman of the committee Pham Dai Duong, theseminar created a chance for scientists and expertsto discuss the province’s achievements and shortcomings across fields. Theircomments would contribute to guiding socio-economic growth orientations and integration vision for PhuYen in the new context.
As heard at the function, the province annually grew 9percent on average between 1989 and 2018, with its economic structure shiftingtoward having larger proportion of industry-construction-service and smallerproportion of agriculture.
During 1990-2018, Phu Yen recorded its whole society’sinvestment in boosting local production capacity and resources at over 126.9trillion VND (5.45 billion USD). The province’s per capital gross regional domestic product(GRDP) hit 39.7 million VND (1,705 USD) in 2018, 11.6 times that of 1990.
Participants focused the discussion on solutions to creating breakthroughs insocio-economic development, administrative reform, investment attraction,cultural heritage protection, and ensuring defence-security.
Tran Hong Quang, head of the Vietnam Institute forDevelopment Strategies, said Phu Yen should take advantage of its long coastalline to develop local marine economy with multi-sector and multi-functionaleconomic zones, particularly building the Nam Phu Yen economic zone into anindustrial and seaport hub of the south-central coast region and the CentralHighlands.
He also recommended the province draw investment in tourismprojects in Vung Ro and Xuan Dai bays and boost its capacity in aquatic farmingand processing.
Vo Cao Phi, Director of the provincial Planning andInvestment Department, reported that Phu Yen is working to clear businesshurdles and create an open business climate to attract 4,000 firms investingits economy by 2020.-VNA