Discover Thua Thien Hue’s tourism and investment potential
Located in the key economic region of Viet Nam’s Central Coastal, Thua Thien Hue possesses many potentials and opportunities in attracting investment and tourism.
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Thua Thien Hue has a convenient trade gateway, including an important North-South transport axis. It is also considered to be the only bridge leading to the East Sea of the important East-West Economic Corridor (EWEC) that links Vietnam with Laos, Thailand and Myanmar.
Creative and flexible in attracting investment
Thua Thien Hue has called for foreign investment in various fields: agricultural production and processing industry; tourism and tourist services; infrastructure of industrial, economic and non-tariff zones; processing, manufacturing and assembly industries; textile and garment supporting industry, as well as other ancillary industries in Southeast Asia’s value chain...
The province has also recently ranked 8th in the Provincial Competitiveness Index 2021 (PCI 2021) and been honored to receive a medal and certificate for being among the TOP 10 provinces and cities with excellent economic performance and Viet Nam’s highest PCI scores in 2021.
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| Thua Thien Hue in the night. |
To constantly attract domestic and foreign investors, Thua Thien Hue regularly focuses on improving the investment environment in a way that is beneficial to investors yet still accordance with current law’s regulations, as well as on selecting and attracting a number of large investors with financial potential, technology and experience to act as a driving force in stimulating the socio-economic development...
The province is currently concentrating on enhancing investment calling in traditional markets such as Korea, Singapore, Thailand, Japan, and Hong Kong (China). It also promotes investment in the US and European markets, as well as in businesses of countries that may benefit from Viet Nam's accession to bilateral and multilateral free trade agreements (FTAs), or from advantages of local strategic location in terms of seaports, airports, and low-cost labor resources...
Rich in tourism potential
Thua Thien Hue converges all necessary and sufficient conditions to exploit tourism, including famous attractions such as Perfume River and Ngu Mountain at the heart of the city, creating a charming and picturesque landscape, Thuan An beach, Lang Co and Chan May bays, Tam Giang - Cau Hai lagoon system, Bach Ma National Park…
Thua Thien Hue Provincial Party Committee has recently issued Resolution 04 on “building Thua Thien Hue as one of the great and distinctive centers of Vietnam and Southeast Asia in terms of culture and tourism for the 2021 - 2025 period and a vision to 2030”.
The goals and vision to develop the province's culture and tourism are then defined: By 2025, Thua Thien Hue will have become the whole country’s unique cultural and tourist center, Viet Nam’s typical Festival City, ASEAN Cultural City, ASEAN Clean Tourism City and ASEAN Environmentally Sustainable City, as well as gained the Culturally Creative City title.
By 2030, Thua Thien Hue will deserve to be one of Southeast Asia’s major cultural and tourist centers, which is a premise to build Thua Thien Hue into Asia's Festival cities, as well as one of its great and distinctive cultural and tourist centers by 2045.
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| Ngo Mon 1 Gate. |
The province has also focused on investing in developing tourism and transport infrastructure, especially the Expansion and Upgrading Project of Phu Bai International Airport, which has started to be constructed and is expected to be completed by the end of 2022 or early 2023, with the capacity increasing to 5 million passengers per year.
This will be a favorable condition, as well as a great opportunity for increasing flights and opening new departure and arrival flight paths of Phu Bai International Airport, which not only turns Hue into the country’s major destination, but also contributes to promoting the city’s image, affirming its position, and enhancing the province's socio-economic development.
