The Covid-19 pandemic has significantly affected import and export activities. However, with the synchronous implementation of solutions of the province's functional branches and the business community's efforts, the export-import activities through the Lao Cai border gate are still positive.
In the first months of 2020, despite the negative impacts of the Covid-19 pandemic, the Lao Cai industry still maintains reasonably good growth momentum, making an essential contribution to the province's overall economic development speed.
On the evening of September 18, Si Ma Cai district solemnly held the district's 20th re-establishment anniversary (September 22, 2000 - September 22, 2020).
In the term 2015 - 2020, despite many difficulties and challenges, the province's socio-economic picture in general, people's lives, especially the poor, have prospered. In particular, the poverty reduction is faster and more sustainable, ranking the poverty rate of the province up to 5 ranks compared to the whole country, in 2019 it is ranked 11th. To clarify the results of the work of poverty reduction in the 2016 - 2020 period, the reporter of the Lao Cai Newspaper has an interview with Ms. Dinh Thi Hung, Director of the Department of Labor, War Invalids and Social Affairs.
According to the evaluation of businesses operating in the province, in recent years, the Lao Cai tax industry has had many solutions to reform tax administrative procedures, creating favorable conditions for companies to develop.
To access and use significant loans from the Bank for Social Policies, many low households, ethnic minority households in Bac Ha district have conditions to invest in building economic development models to improve income and get rich.
First of all, I was delighted to attend the conference and saw many large investors, "leading cranes", came to the northwest mountainous province, witnessing Lao Cai province signing a cooperation agreement with investors. Total capital is about 5.3 billion USD and decides investment policy with capital of about 1 billion USD. The investment cooperation projects have been carefully reviewed by foreign consultants to proceed.
In the story of developing typical agricultural products of Bac Ha district, Mr. Nguyen Xuan Giang, Head of Agriculture and Rural Development of the District proudly told us about Ban Lien tea product, because this is The first local agricultural product to gain a foothold in Europe - the world's most demanding market for quality.
On March 28, the Vietnam Chamber of Commerce and Industry (VCCI) and the United States Agency for International Development released the annual report of Provincial Competitiveness Index PCI 2018. Accordingly, Lao Cai ranked 12th on the ranking of provincial competitiveness index with a total of 64.63 points and the highest index of legal institutions and security and order in the country.
