Investment Potential and Opportunity in Northwestern Provinces of Vietnam

Investment Potential  and Opportunity in Northwestern Provinces of Vietnam



Geographical Location

Investment in Vietnam - The Northwest is the western mountainous region of northern Vietnam, sharing the border with Laos and China. This is an full potential region for investment in tourism, plant and animal processing industry, hydroelectricity plants and mining in Vietnam.

Areas of investment potential development

The Northwest consists of 5 mountainous provinces: Lao Cai, Dien Bien, Lai Chau, Yen Bai and Son La.
This is an important strategic area for defense, security and foreign affairs of the whole country. The region has potentials and strengths such as production and processing of plant and animal products; mining, hydropower and renewable energy, building materials industry, tourism and high added value.

In recent years, the economic structure in some localities in the region has gradually shifted towards the industry quite clearly due to concentrated investment in the plant construction of hydroelectricity, thermal power, mining and mineral processing.

In particular, the North West provinces have the same border with Laos and China, so it has an important economic and political position for the country. International border gates like Huu Nghi, Mong Cai, Dong Dang, and Ha Khau are important places for commodity exchanges and economic development at present as well as in the future.

The North West is also the region holding a relatively large land, rich soil, with great potential for development of agriculture, forestry, fisheries. These conditions are suitable for the development of tropical and temperate crops, highland specialty trees such as San Tuyet tea, cardamom, cinnamon ... In the area, stable cattle herd farming and Aquaculture area is over 39,000 ha.

Along with the beautiful natural landscape such as  Mu Cang Chai (Yen Bai- 300 km from the northwest of Hanoi) , Moc Chau (Son La), Sapa (Lao Cai).. , the traditional culture of the ethnic groups is also prominent in tourism resources here. Northwest is inhabited by many ethnic minorities with a large and rich cultural space. Many ethnic groups still preserve their traditional cultural identity in customs, habits, festivals, costumes, musical instruments, folk songs and traditional dances or in community behavior, house architecture, markets, etc. North West cuisine features different characteristics compared to other areas, are attractive tourist attractions for visitors to explore and experience.
Investment Potential  and Opportunity in Northwestern Provinces of Vietnam
Sapa Tourism in Vietnam
The rich and fresh natural environment, cool climate, local specialties, local people, gentle nature are the most attractive to tourists. North West is a region with great investment potential and strength in tourism development in Vietnam.

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