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North Central Area - Potentialities And Investment Chances - Part 1 PDF Print
Friday, 04 January 2013 06:59

VIETRANCA_-_Potentialities_And_Investment_Chances_-_1DE - The North Central Area is the northern part of the Central Region ranging from Tam Diep Mountain Range to north Hai Van Mountain Pass. The North Central Area is one of the eight economic zones that have been assigned by the Government to build a socio-economic master plan. The Institute for Rural and Urban Planning was assigned to build this plan in the two years of 1994-1995 with the participation of nearly 30 organizations and researching institutes of the Central Government and 6 provinces of the North Central Area and many experts.

 

The North Central Area consists of 6 provinces of Thanh Hoa, Nghe An, Hà Tinh, Quang Binh, Quang Tri and Thua Thien-Hue with a natural area of more than 50,000 square kilometers. The North Central Area has a population of about 10 million people, 6 million out of which are in working age. The area is estimated to be rich in potentialities. As forecast, by 2015, the working age population of the North Central Area and Coastal South Central Area will be 12.5 million people, making up 63% of the region’s population and 12% of the whole nation’s population (the Red River Delta 27.6%, the East Southern Region 33%). There are 25 ethnic groups living together in the North Central Area (Thái, Muong, Tay, Mong, Bru Van Kieu, etc.) These ethnic groups live mainly on the Truong Sơn Mountain Range region and are not evenly allocated from east to west. The Kinh people live mainly in coastal plains.

 

The North Central Area is adjacent to the Northern Key Economic Region and the Central Key Economic Region, on the north-south transport axle. The North-South railway runs through this area which has many roads in the direction of east-west (7, 8, 9, and 29) connecting Laos to the East Sea. This area also has an airport system (Vinh, Đong Hoi, Phu Bai Airports), a port system (Nghi Sơn, Cua Lo, Cua Hoi, Vung Ang, Son Duong, Cua Gianh, Nhat Le, Cưa Viet, Thuan An, Chan May Ports, etc.), and many lagoons, marshes which are suitable for aquaculture, and are key tourist centers of the country (Phong Nha - Kẻ Bàng National Park, Hur Ancient Capital, etc.) which are favorable conditions for cultural exchange between Vietnam and Laos, Thailand, Myanmar, etc.

 

The North Central Area is also one of Vietnam’s important cultural centers where there are three world’s heritages: Phong Nha - Ke Bang National Park, Hue Ancient Capital, Hue imperial ceremonial music and song. The North Central Area is also home to many cultural and political celebrities, such as Ho Chi Minh, Nguyen Du, Phan Boi Chau, Tran Phu, Vo Nguyen Giap, Le Duan, kings of Le, Ho, and Nguyen Dynasties, the lords of Nguyen and Trinh, etc.

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The North Central Area spreads on a narrow corridor, bordering Truong Son Mountain Range and Laos to the west, the East Sea to the east (Gulf of Tonkin). The midland, mountainous areas and the islands along the area create a diverse economic structure. This area also has a complex topography, varying and severe weather conditions. Many deep water pools that can build big and small ports serving the goods exchange between the provinces in the area, provinces in the country and other countries.

 

The area, population of the North Central Area’s provinces

No.

Province

Area (km²)

Population (2009)

Density (people/km²)

1

Thanh Hoa

11,134

3,405,000

306

2

Nghe An

16,487

3,113,055

177

3

Ha Tinh

6,055.6

1,227,554

203

4

Quang Binh

8,051.8

846,924

105

5

Quang Tri

4,745.7

597,985

104

6

Thua Thien-Hue

5,053.99

1,087,579

215

 

Over the past years, the North Central Area has made a rather good growth rate, about 10%, attracted domestic and foreign investment to promote the socio-economic development, gradually improving and enhancing the people living standards. However, the North Central Area’s provinces are still poor, the investment attraction to these provinces is still limited, especially, foreign direct investment. Therefore, these provinces need a special interest from the Government, the Central ministries and branches, and the business community in order to promote the socio-economic development.

 

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