The Economic Development Potential of
Hau Giang Province

Special Geographical Location of Hau Giang Province

Hau Giang Province is strategically positioned, bordering several provinces and cities. Its flat terrain facilitates transportation, enabling the province to connect economically, commercially, and culturally with the region.

Favorable Natural Conditions

With a tropical monsoon climate and fertile land, Hau Giang has advantages in developing agriculture, aquaculture, and industry. The dense network of rivers provides water, supporting both production and the daily lives of the residents.

Hau Giang Province has very favorable geographical and natural conditions, forming a solid foundation for the socio-economic development of the locality.

Agriculture and Aquaculture

Hau Giang is proud of its strong potential for development in agriculture and aquaculture. Its favorable geographical position and diverse natural conditions have helped the province become an important center for agricultural and aquatic product production.

Some of Hau Giang’s key products include:

• Rice: Hau Giang is one of the key regions for high-quality rice production in the country.
• Fruits: Varieties such as mango, orange, tangerine, and rambutan are widely cultivated and exported to many markets.
• Shrimp: Shrimp farming is a key industry in the province, with shrimp products being popular in both domestic and international markets.
• Fish: The network of rivers and canals provides favorable conditions for the fishing industry and fish farming.

Local enterprises have been heavily investing in high technology. They apply scientific techniques to enhance productivity, quality, and added value of agricultural and aquatic products. This forms a solid foundation for Hau Giang to develop its agricultural and aquaculture sectors in the future.

Potential for Development in Food Processing Industry – Hau Giang Province

Hau Giang is not only strong in agriculture and aquaculture; it also has potential for developing the food processing industry. Two key sectors are food processing and textiles and leather processing.

Food Processing Industry

The food processing sector in Hau Giang benefits from abundant raw materials. Enterprises are expanding production and focusing on exports. They produce rice, confectionery, beverages, spices, canned goods, and fruits and vegetables.

Textiles and Leather Processing Industry

The textile and leather processing industry is also developing in Hau Giang. Many large enterprises have invested in building factories, meeting both domestic and export market demands. Products include clothing, footwear, handbags, and other leather goods.

The development of the processing industry in Hau Giang contributes to economic growth and creates many job opportunities for local workers.

Introduction to the Economic Development Potential of Hau Giang Province

Hau Giang Province has significant economic development potential. Many key economic sectors play an important role in the development of the locality.

The geography and human resources of Hau Giang are advantages. Its strategic location in the Mekong Delta promotes the growth of key economic sectors.

Hau Giang Province is striving to harness its economic development potential with a goal of sustainable and prosperous growth.

Harnessing Ecotourism Potential

Hau Giang Province is becoming an attractive destination for tourism, with significant potential for developing ecotourism and community-based tourism. Its geographical position and diverse natural conditions create unique experiences for visitors.

Notable Tourist Destinations

Hau Giang offers many unique tourist sites, from vast rice fields to delicious fruit orchards. Notable locations include:

• U Minh Ha National Park: Home to unique mangrove forests and high biodiversity.
• Gao Giong Ecotourism Area: Featuring a network of canals and lush green rice fields.
• Phu An Fruit Orchard: Where visitors can enjoy fresh local fruits.

Developing Community Tourism – Hau Giang Province

Hau Giang emphasizes community tourism development, allowing visitors to experience the lives, culture, and trades of local people, while also benefiting the community.

Community tourism models in Hau Giang include:

1. Traditional craft villages, such as pottery, weaving, and handicraft.
2. Farmer families inviting tourists to participate in agricultural activities.
3. Cultural experience classes such as cooking and weaving traditional fabrics.

Hau Giang’s ecotourism destinations promise to attract many visitors. With its potential and developing community tourism models, Hau Giang is set to become an attractive destination in the Mekong Delta.

Infrastructure and Transportation

Hau Giang is continuously upgrading and developing its infrastructure and transportation. This facilitates economic, commercial, and tourism activities. The road, waterway, airport, and seaport networks are being modernized, connecting the province with neighboring areas.

The transportation system is robust, including:

• A modern road network linking various areas within the province and neighboring provinces.
• An efficient waterway system, with numerous rivers, canals, and upgraded ports.
• Can Tho Airport and railways connecting Hau Giang to major economic centers.

Improving infrastructure and transportation helps Hau Giang develop its socio-economic landscape and enhances regional connectivity.

Thanks to the efforts to improve infrastructure and transportation, Hau Giang is enhancing regional connectivity, facilitating economic, commercial, and tourism activities.

Abundant Labor Force – Hau Giang Province

Hau Giang Province boasts a rich labor force. The province’s human resources are continually being developed, with local authorities working to enhance vocational training and develop high-quality labor.

Statistics indicate that Hau Giang has about 405,000 workers, accounting for over 50% of the population. The training rate is nearly 70%, which is higher than the national average, reflecting the increasing quality of the workforce in Hau Giang.

Hau Giang continues to develop its labor force, affirming its position as a locality with abundant and quality human resources, promoting industrialization and sustainable development.

Favorable Investment Environment

Hau Giang is working to create an attractive investment environment to attract domestic and foreign investors. With its tax, land, and business support policies, Hau Giang is providing favorable conditions for economic development.

Investment Incentive Policies in Hau Giang

Hau Giang implements many attractive incentive policies for investors, including:

• Tax incentives: Exemptions or reductions in corporate income tax during the first few years.
• Land incentives: Support for leasing, renting, and transferring land use rights.
• Infrastructure support: Investment in technical and social infrastructure development.

Business Support in Hau Giang

Hau Giang not only offers incentives but also provides support for businesses, especially focusing on startups. Services such as consulting, training, and financial assistance are offered, with the goal of helping the private economic sector grow and enhancing business competitiveness.

“With practical incentive policies and support, Hau Giang is creating a potential and ideal investment environment for investors.”

Sustainable Development Prospects

Hau Giang Province aims for sustainable development, combining economic growth, environmental protection, and social development. This will promote comprehensive development for the province.

Projects and policies are designed to maximize Hau Giang’s potential, with a focus on agriculture, food processing, and ecotourism, while also investing in infrastructure and developing high-quality human resources.

Hau Giang’s efforts will yield tangible benefits for its residents and businesses, with hopes of attracting significant investment resources. This will contribute to economic growth and ensure sustainable development in the future.