Hanoi, 15 April 2016 - Lai Chau Province has the conditions for tourism and economic development as well as for developing trade links with local and international regions, however its growth has yet to be aligned with its potential.

​A large mountainous province in the northwest of Vietnam, lying roughly 450km from Hanoi, Lai Chau is bestowed with fertile land, rich resources and a magnificent mountain landscape. The mountains keep the climate cool and the province is home to the national border gate Ma Lu Thang.

The People’s Committee of Lai Chau Province have collaborated with BIDV to organise the first Conference on Investment and Tourism Promotion in Lai Chau Province and the Cultural and Tourism Week 2016, which will take place on April 23 in the city of Lai Chau, Lai Chau Province.

The conference aims to introduce and promote the province’s potential and advantages, highlighting preferential policies and mechanisms for investment as well as key investment projects in the province and promoting its tourism to investors at home and abroad. It will also be an opportunity for institutions, investors, and businesses both local and international to meet and exchange experiences and establish partnerships in order to foster Lai Chau’s socio-economic development.

The signing ceremony on providing capital for investment and social security between BIDV and Lai Chau Province will form part of the conference. BIDV plans to sign agreements on financing domestic and foreign enterprises in key business and investment projects in the province.

Immediately following the conference the province’s Cultural and Tourism Week 2016 will begin, lasting during the last week of April. The aim of the week is to promote and introduce the province’s potential in terms of natural beauty as well as honour the cultural values of the people of Lai Chau to friends both local and international, helping shape the future of tourism development in the province.

The conference participants will be offered familiarisation trips to tourist destinations within the province such as Pu Sam Cap cave system, Gia Khau and Suoi Ho community tourism villages, as well as cultural festivals, local cuisine sampling and beautiful mountains and rivers.

The conference will also provide an opportunity for tour operators to learn about and develop the tourism market in Lai Chau, making the province an attractive destination in the Northwest Region.