• Sat. Apr 20th, 2024

Nghe An: From Darkness to Brightness through Sustainable Development Policies

BySamantha Jones

Apr 3, 2024
Nghe An aims to keep 600 billion VND in tax revenue from hydropower annually

The Ministry of Planning and Investment has proposed that Nghe An retain about 600 billion VND in tax revenue from 22 hydroelectric plants to develop infrastructure and society in the difficult western areas. These areas have poor transportation infrastructure, incomplete schools and hospitals, and some villages still lack electricity for daily life and production.

Nghe An province, located in central Vietnam, holds significant potential for economic development due to its vast area and large population. However, the region faces challenges such as poor transportation infrastructure, incomplete schools and hospitals, and some villages still lacking electricity for daily life and production.

To address these challenges, the Ministry of Planning and Investment is proposing preferential policies for marine economic development in Nghe An. This includes issuing licenses for aquaculture projects in the sea area within 6 nautical miles from the shore, along with tax exemptions and reductions for investors in seafood projects. The ministry believes that these policies will help promote socio-economic development in the region by improving infrastructure, environmental management, and economic efficiency.

The Ministry of Justice is currently evaluating a draft Resolution of the National Assembly which aims to pilot specific mechanisms and policies for the development of Nghe An province. These plants play a crucial role in ensuring electricity supply for the country but also have a significant impact on the environment and people’s lives, especially during the rainy season.

By implementing these proposed policies, Nghe An aims to improve its infrastructure, environmental management, and economic efficiency ultimately contributing to the overall growth and prosperity of the region.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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