B. Risks and challenges First of all, although the economy has developed quite well, it is not sustainable. The scale of the economy is still small, starting from a low point. The state budget revenue in the area only meets 40% of the demand. Capital for investment in developing the economic zone ...
Fifth, developing economic zones ensures strengthening national defense, maintaining security and social stability in national border areas. Developing border economic zones and promoting economic exchanges at border gates not only increases the economic potential of the border area but also makes ...
3.2.2.2 Implementing policies to attract investment in Border Gate Economic Zones In order to enhance economic development and contribute to poverty reduction, in addition to implementing investment attraction policies issued by the Government, Lao Cai province has concretized the Decrees and ...
13.5%/year; services increased by 12.1%/year. In 2013 alone, because the province implemented many measures to promote growth and economic restructuring, it overcame difficulties, GDP growth reached 14%, much higher than the national average. In the period 2006-2013, Lao Cai GDP grew by an average ...
