Binh Duong aims for 20% tourism growth
The southern province of Binh Duong wants to attract more foreign direct investment for tourism development, aiming to achieve an annual growth of 20% in the next four years.
According to Huynh Ngoc Dang, Director of the provincial Department of Culture, Sports and Tourism, the locality needs about more than VND6.3 trillion (US$277.2 million) to invest in the sector.
Local authorities will focus on protecting land funds for developing ecotourism, towards attracting foreign investment for high-quality service sectors, Dang said.
He added that attention will be paid to promoting tourism in combination with shopping and sports, ecotourism, and cultural tourism.
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Binh Duong recorded an annual average increase of 2.3% in the number of visitors to the locality from 2011-2015.
The locality served 4.39 million holiday-makers in 2016, up 4.5% against the previous year. It raked in VND1.2 trillion (US$52.8 million) from tourism activities, a year-on-year increase of 7%.
