(VOVWORLD) -Prime Minister Pham Minh Chinh on Sunday requested Lao Cai province to leverage its border trade economy during a working session with the Standing Board of Lao Cai Provincial Party Committee on the socio-economic performance this year and tasks for next year.
 Prime Minister Pham Minh Chinh speaking at the meeting. Photo: Vu Khuyen/VOV
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At the meeting, Prime Minister Chinh highlighted the advantages of Lao Cai, which has a long border with China, is one of the few mountainous provinces with all types of transportation, an economic and foreign affairs center on the Kunming-Lao Cai-Hanoi-Hai Phong-Quang Ninh economic corridor, and home to famous landscapes and tourist attractions.
The Prime Minister said that Lao Cai has all the favorable conditions to develop into a growth pole of the northern border region and the whole country.
In order for the province to develop quickly and sustainably, he asked the province to adopt mechanisms and policies to mobilize all resources for development and improve the efficiency of attracting and using investment capital, especially foreign direct investment (FDI) and public-private partnership.
Efforts should be made to build Lao Cai into a trade center between Vietnam and ASEAN countries with the southwest region of China, PM Chinh said.