State groups and corporations plan to pour around 507,000 billion VND in development plans in 2013, up 32.4 percent against 2012.Businesses under the Ministry of Industry and Trade rank first in terms of development investment with 46.6 percent, followed by businesses under the Ministry of Transport (34.5 percent).

Eight State economic groups expect to spend more than 274,000 billion VND in the year, up 18.4 percent from 2012, which account for 50.7 percent of combined investment of State groups and corporations in 2013.Vietnam Electricity, PetroVietnam and Viettel Group have set big plans for development in 2013. In 2012, 78 State groups and corporations spent 382,754 billion VND on development plans. The PM has recently allowed the northern province of Thai Nguyen to organise tea festival in the fourth quarter every two years. This is part of a project to preserve and uphold tangible and intangible values of ThaiNguyen-produced tea.The project targets to sustain and develop traditional and famous tea regions and villages namely Tan Cuong, La Bang, Khe Coc Trai and Song Cau. It also aims to reorganise tea cultivation areas to raise output, quality and ensure hygiene of Vietnamese tea.In addition, the project looks to perfect infrastructure system, services and products to offer tours to the tea homeland. Earlier, the first international tea festival was held in Thai Nguyen in 12 November 2011, drawing the attendance of ten countries and territories, 30 localities, 50 traditional villages and 25 tea enterprises. The event offered a good chance to advertise Vietnamese tea to domestic and international customers.

Source: HANOITIMES

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