While advising and executing many solutions to effectively manage and exploit natural resources and the environment, the natural resources and environment sector of Phu Yen province has also strongly reformed administrative procedures to facilitate people and businesses to access the land fund.
Phu Yen province is innovatively transforming its promotional strategies to attract high-quality projects that match the local potential and advantages, while concurrently implementing many solutions and support activities to boost business efficiency.
Nam Phu Yen Economic Zone is one of eight key coastal economic zones of Vietnam, with a favorable location and natural conditions to become an industrial hub and important seaport of the Southern Central Coast and the Central Highlands.
The implementation of the Phu Yen Provincial Planning for the 2021 - 2030 period, with a vision to 2050, with clearly stated potential, advantages and development strategies, is opening up great opportunities for Phu Yen to lure more investors and accelerate growth.
With a more open business environment, Phu Yen province is catching the fancy of big investors. To have better progress, the province has successfully implemented many solutions to mobilize and effectively use investment resources for transport infrastructure development.
“The industry and trade sector of Phu Yen province has harmoniously applied effective support solutions for companies, especially in removing obstacles to speedier business recovery”, said Mr. Nguyen Thanh Tuan, Director of the Department of Industry and Trade, Phu Yen province.
From the available potential of Phu Yen province as well as its own cooperation experience, Trung An High-tech Farming Joint Stock Company (Trung An Company) is making efforts to speed up projects to achieve a developed Phu Yen.
To support the implementation of the National Target Program on New Rural Development, the Phu Yen Provincial People's Committee issued Decision 1201/QD-UBND to allocate VND15 billion of the provincial budget funding plan in 2022.
Phu Yen is seen to have great advantages and potential for tourism development. The province aims to make tourism a key economic sector by 2030.
Promoting the role of a bridge connecting businesses as well as between the government and businesses, the Business Association of Phu Yen province has made many contributions to the development of mechanisms and policies, contributing to creating a more favorable business environment today.