Yen Bai province is known as a potential tourism destination.

Yen Bai has many famous tourist attractions: Thac Ba Lake, Van Hoi lagoon, Tu Le valley, Mu Cang Chai terraced fields…

In the context that the economic growth rate of the whole country is slow due to the profound impact of the Covid-19 epidemic, the economic growth rate of Yen Bai is still at a good level (the growth rate of gross domestic product in the area is still high). GRDP) in 2021 will reach 7.11%, ranking 2nd out of 14 provinces in the Northern Midlands and Mountains, and 12th out of 63 provinces and cities in the country.

In 2022, the province’s gross domestic product (GRDP) growth rate is estimated at 8.62%, ranking 8th out of 14 provinces in the Northern Midlands and Mountains, and 33rd out of 63 provinces and cities in the country.

According to Mr. Tran Huy Tuan, one of the important factors for socio-economic development that Yen Bai province cares about and focuses on directing is “taking cities as the driving force for regional development” according to the Economic Development Strategy. socio-economic 10 years 2021-2030 of the 13th Party Congress.

In which, focusing on investment resources to develop Yen Bai city (the center of the province) into a livable city according to the province’s viewpoint and development orientation “Green, harmony, identity, happiness” and Nghia Lo town is a cultural town and a driving force for economic development in the western region of the province.

Besides, Yen Bai is a mountainous province, with diverse natural landscapes and many attractive places to visit such as: Special national relic site, Mu Cang Chai terraced landscape scenic spot, tourist area Thac Ba lake country, Suoi Giang eco-tourism, Muong Lo field, revolutionary relics of war zone Van, Cang Don, Nghia Lo…

With more than 30 ethnic minorities, each ethnic group has its own identity and culture, which is a strength in attracting tourists and developing new and different tourism products such as high-class resort tourism. high, experiential tourism, ecotourism…

These advantages are being concretized by Yen Bai province in the Yen Bai provincial master plan for the period of 2021-2030, with a vision to 2050; Planning for Thac Ba Lake National Tourist Area… and socio-economic development orientation for the period 2021-2030.

Mr. Tran Huy Tuan shared that, in the past time, Yen Bai province’s real estate market has formed and is developing, tourism infrastructure is an important need and is one step ahead in tourism development. Many domestic and foreign investors are interested in approaching and looking for investment opportunities.

Therefore, Yen Bai province has been focusing resources on developing urban infrastructure, tourism infrastructure as a basis for developing the real estate market, considering this as a priority area to attract investment. leading important development in the province’s socio-economic development orientation in the coming time”, Mr. Tuan emphasized.

Mr. Tran Thanh Chuong, Deputy Director of Yen Bai Department of Planning and Investment, said that Yen Bai is currently trying to improve the investment environment, creating potentials and breakthroughs for the Yen Bai real estate market.

It is estimated that real estate projects contribute about 20-25% of the budget revenue of Yen Bai province, the source of land use levy from projects of urban areas, houses, land plots…

Regarding investment attraction results, so far, Yen Bai province has issued investment policy decisions for 599 projects with a total registered capital of 91,282 billion VND and 382 million USD. Some big investors such as Vingroup, Sun Group, APEC Group, BB Group, TH Group, Euro Window, Hoa Sen, Bao Lai… have been researching investment opportunities. , implementing large-scale projects in potential areas and strengths of Yen Bai.

Regarding real estate investment and tourism infrastructure, currently Yen Bai province has approved investment policies (auctions, tenders) in 26 real estate projects, total investment capital is about 13,400 billion VND… Yen Bai province also decided to approve investment policy for 21 projects, total registered investment capital of 13,200 billion VND.

With potential, available advantages, especially advantages of real estate, tourism landscape, special topography, climate and soil, Yen Bai still has a lot of potential for development to become an attractive investment destination for investors. investment as well as successfully building a famous tourism business in the coming time.

From an investor’s perspective, Ms. Nguyen Nhu Y, Strategic Advisor of the Real Estate Division, IDC Holding Group, said that with many potentials and available advantages, in the future, Yen Bai will be an attractive destination. of investors.

“Through the investment process in Yen Bai, I highly appreciate the investment environment here, especially the interest and sharing of the Yen Bai provincial government and local departments and agencies,” said Ms. Nhu Y. To share.

In order to attract investment, develop real estate and tourism infrastructure, in the coming time, Mr. Tran Thanh Chuong proposed that it is necessary to review, amend, supplement and complete the synchronous legal system on investment and land in the coming time. land, bidding, real estate business, improve the quality of planning, strengthen the coordination between state agencies in the implementation of procedures on business, investment, land, construct…

Mr. Hoang Hai, Director of the Department of Housing and Real Estate Market Management (Ministry of Construction), said that in order to accelerate the urbanization process, attract many large investors, develop real estate and infrastructure. With a breakthrough in tourism, Yen Bai needs to do well in planning construction and land.

“Implement three strategic breakthroughs, especially in transport infrastructure; focus on developing a number of key industries such as tourism, exploitation and development of medicinal herbs; continue to preserve and promote cultural identity. ethnic groups, improving the people’s material and spiritual life…”, Mr. Hoang Hai shared.

In addition, Yen Bai needs to pay attention, publicize transparency, publicize the planning, list of project implementation progress, avoiding the phenomenon of disseminating information. At the same time, it is necessary to control the situation of the real estate market well to ensure a stable and healthy development of the market.