Employees are entitled to loans for job settlement at a mobile transaction session of the Vietnam Bank for Social Policies. (Source: baobaclieu.vn)

According to Chairman of the provincial People’s Committee Pham Van Thieu, the locality is further reinforcing the growth of services in tourism, trade, health care, education, technology, and banking-finance, among others.

Bac Lieu is set to diversify and improve tourism, making it a key sector. It is also working to quickly develop industrial parks and clusters via building related infrastructure and encouraging all the economic sectors to form industrial links, among others.

Comprehensive and sustainable agricultural growth, based on restructuring for improved productivity and the value of goods production, is another priority. In addition, Bac Lieu is tackling poverty and developing craft villages.

Business climate improvement is also key to local development. The province supports business establishments and cooperative operations, forming a startup ecosystem, and financially helping enterprises recruit and train unskilled labour.

Thieu pledged to create favourable conditions for businesses and employees to borrow capital from the national employment fund according to regulations.