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Investment attraction and development orientation vision up to 2015 of some CVKER’s key areas – Part 1 PDF Print
Friday, 13 April 2012 15:03

hue-vnVIETRADE - Hue City:

Location and characteristics

- Being an ancient capital city of Vietnam, Hue City is the politic, economic and cultural center of Thua Thien Hue Province.

- Hue City is located in the center of Thua Thien Hue Province, natural area: 67.8 km2, including 20 wards and 5 communes.

- Hue City has a completed socio-economic infrastructure system which is rather favorable for its development.

- The environment, natural landscapes, tangible and intangible cultural beauty have created many names for Hue City such as “Green City”, “A City of Garden Houses”, “Cultural Heritage City” and “Festival City”, etc.

- In addition, Hue is considered as a safe city with ensured order and security and society.

- The economic structure of Hue City is developing according to the orientation of developing tourism-service, industry and small industry.


Development orientations:

To follow the development orientations are mentioned in Resolution 39 of the Politburo and Decision No. 148 of the Prime Minister and the provincial socio-economic development master plans:

- Hue City is a tourist center of the Central Vietnam and the Central Highlands.

- To be an inter-disciplinary training center of high quality of the Central Vietnam and the Central Highlands.

- To be a specific festival city of Vietnam.

- To be an international commerce and transaction center of the Central Vietnam and the Central Highlands and a gateway for the development of the East-West economic corridor.

- To develop such high-quality services as: finance, banking, insurance, health, education, etc.


 Bach Ma eco-tourist area

Location: About 40 km from the center of Hue City, 60 km from the center of Danang City, 19 km from the national highway 1A, located nearby sea tourist areas such as Canh Duong, Lang Co and Cau Hai.



- Area: 4,167 ha

- Height: About 1,440 m above the sea level, annual average temperature: 18 - 200C.

- Being a tourism and resort site built by the French since 1933 with 139 villas.

- Bach Ma is the natural reservation area with a system of diversified fauna and flora (1,286 plants and 723 animal species), rich in endemicity and reflects a transition of the southern and northern fauna and flora.



The orientation for the development:

- Bach Ma summit is given priority to be exploited in the first phase with the area of 297 ha.

- Developing kinds of eco-tourist, adventure and holidays tourism.

- Rehabilitating, reforming, expanding and building up a number of villas, ecological guest-houses, entertainment places of high quality, developing sites of camping and sports.

- Attaching to the development of Bach Ma eco-tourism area and Truoi Lake, Nam Dong landscapes and sea tourist areas so as to establish a complex of tourism areas Bach Ma - Canh Duong  - Lang Co- Hai Van.


Phu Bai Industrial Park:

Investment preferential policies:

Beside preferential and supportive policies to investment currently applied by the central government, Thua Thien Hue provincial authorities add on the following policies:

Investment preferential categorization by business sector and location: Investors applying for investment projects in the following sectors and locations benefit from preferential treatment:


Special preferential investment business sectors:

-Projects under special preferential investment sectors:

+ Software products manufacturing

+ Formation – training of information technology human resources.

+ Construction of world class information technology centers.

+ Application of bio-tech, high-tech, new technology not in practice in Vietnam.

+ Computer, information, telecom equipment manufacturing.

+ Infrastructures construction in industrial park, export processing zone, high-tech park, economic zone.

+ Preferential investment business sectors:

+ Investment in building up of eco-tourist site, cultural park with sports, entertainment amenities.

+ Building up and development of artisanal, traditional occupation villages.

+ Investment in establishment of international universities.

+ Rural occupation training.

+ Fabrication and repair of traditional musical instruments.

+ Conservation, value enhancement, restoration of cultural heritage sites.

+ Construction of international general hospitals.

+ Construction of thermo-power plant.

+ Telecom and Internet services infrastructures building.

+ Projects with product export revenue or foreign currency earning amounting to 80% and above of the total turn over.

+ Projects employing more than 200 labors in the compass of 2 districts Nam Dong, A Luoi, employing more than 500 labors in the remaining districts.


Preferential investment locations:

- Location in places of particularly precarious socio-economic conditions: Nam Dong and A Luoi districts.

- Location in places of precarious socio-economic conditions: Phong Dien, Quang Dien, Huong Tra, Phu Loc

- Location in industrial clusters, artisanal crafts clusters

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