Lao Cai government commits to accompany enterprises.  (photo: Gia Chien)

Not only acting as a "bridge" on the economic corridor Kunming - Lao Cai - Hanoi - Hai Phong - Quang Ninh, Lao Cai is also considered the center of the North-South corridor in cooperation with subregional countries.  Mekong River (GMS) is very convenient for the development of border trade, tourism economy and services.

Lao Cai has an inter-regional and international transport infrastructure system including: highways, railways, waterways and the near future with airways.  Lao Cai - Hanoi - Hai Phong high-speed railway is being planned.  From Kunming - the capital of Yunnan province (China) if traveling by rail, highway through Lao Cai to Hai Phong seaport is the nearest transport route to connect with provinces and cities of Vietnam and  ASEAN market.

Lao Cai border-gate economic zone with a total area of ​​nearly 16,000 ha has relatively adequate infrastructure and services and is one of nine key border-gate economic zones invested by the Government.

Spectacular, beautiful natural scenery always attracts domestic and international visitors.  (photo: Nguyen Su)

 Lao Cai has strengths in tourism resources.  With pristine, majestic nature and diverse and rich cultural identities of 25 ethnic groups and groups, making a difference for Lao Cai tourism products.  High mountainous areas such as Sa Pa, Bac Ha and Bat Xat have cool weather in summer and cold in winter.  Low areas such as Lao Cai city, Bao Thang district, Van Ban district, Bao Yen ... possess a lot of tangible and intangible cultural heritages.  These potentials are creating favorable conditions for the development of ecotourism, resort and Lao Cai tourism...

Regarding industrial development, Lao Cai owns over 35 valuable minerals.  There are minerals with very high reserves such as: Quy Sa iron mine, with a reserve of 120 million tons;  Apatite mine with reserves of 2.5 billion tons;  copper ore reserves are over 100 million tons ... Lao Cai has formed many large industrial parks and clusters, the occupancy rate is 95%, of which Tang Loong industrial park is the largest metallurgical and chemical industrial zone in the country.  , concentrating on many large processing industry projects.

The temperate climate in the tropical country creates favorable conditions for Lao Cai to develop hi-tech agriculture, specializing in off-season vegetable and fruit production associated with tourism development.

Lao Cai always ranks in the top of the country in terms of open and transparent investment and business environment.  The state agencies are strongly applying IT to promote administrative reform, creating favorable conditions for organizations and citizens.  GRDP growth rate of Lao Cai has always maintained over 10%.  The government always accompanies the business.  Lao Cai Province commits to always accompany and best serve the business community and investors with the motto "Talented businesses, Lao Cai develops" ./.