The central coastal province of Phu Yen is rolling out the red carpet to welcome investors, both foreign and domestic, to develop its industry and tourism sectors, with the hope of creating major changes in economic restructuring.

Kien Giang province's authorities have proposed that the Government approved a "special policy" to help upgrade infrastructure in Phu Quoc, island offshore the province coast.

State-owned Vietnam Railway Corp. (VRC) is seeking to borrow between VND700 billion and VND800 billion to fund the construction of a new railway extension that will link Ho Chi Minh City to Cambodia's border, a corporation official said.

Thirteen Vietnamese provinces and cities accounted for 91% of the country's total foreign direct investment (FDI) in the first eight months of this year, according to the Ministry of Planning and Investment.

A conference focusing on investment opportunities in the Central Highlands province of Gia Lai was organised on October 13 in Ho Chi Minh City with the participation of 300 businesses, both domestic and foreign, operating in the city.