Petrovietnam Machinery – Technology Joint Stock Company (PVMACHINO) is honored to receive the investment memorandum of understanding from the People’s Committee of Lang Son Province.

Company information
icon date15/08/2024

On the afternoon of April 21, 2024, the Conference on announcing the planning and promoting investment in Lang Son province took place under the witness of the Prime Minister. At the ceremony, the Petrovietnam Machinery – Technology Joint Stock Company (PVMACHINO) was granted a memorandum of understanding by the People’s Committee of Lang Son province to study, survey, and invest in the project of Service, Ecotourism and Resort Complex


The conference to announce the planning and investment promotion of Lang Son province in 2024 is a very important event, playing a role as a comprehensive and overview blueprint, defining the vision and long-term development goals for each line, field and forming a framework for socio-economic development orientation of Lang Son province.

The conference was attended by Prime Minister Pham Minh Chinh and the Ministers of the ministries: Planning and Investment, Education and Training, Health, Secretary of Lang Son Provincial Party Committee and leaders of ministries, sectors, central and local agencies; representatives of diplomatic agencies, international organizations and representatives of a number of domestic and foreign enterprises.

Overview of the conference to announce the Planning and Investment Promotion of Lang Son province in 2024.

To concretize the development goals in the provincial planning, the People’s Committee of Lang Son province granted Investment Policy/Investment Registration Certificate to 14 projects with a total investment capital of VND 18,602 billion; granted 9 Investment Memorandums of Understanding to Investors with a total investment capital of over VND 21,500 billion.

Lang Son Provincial leaders presented the investment memorandum to Mr. Pham Van Hiep – General Director of Petroleum Machinery and Equipment Joint Stock Company.

PVMACHINO was honored to be one of the investors to whom the People’s Committee of Lang Son Province presented the memorandum of understanding to study and invest in the project of Service, Ecotourism and Resort Complex and Urban Area in Quang Lac Commune, Lang Son City and Yen Trach Commune, Cao Loc District, Lang Son Province with a total estimated capital of about 3,760 billion VND.

Prime Minister Pham Minh Chinh with enterprises receiving investment policies, investment registration certificates, and investment memorandums of understanding in Lang Son province.

In addition to building development orientations for industries and sectors, Lang Son province’s planning has specifically identified plans for arranging development space for economic, cultural and social activities according to the orientation of 1 development axis, 2 economic corridors and 3 socio-economic regions.

With favorable natural conditions, an increasingly developed transportation system and flexible local policies, Lang Son has become an attractive destination for tourism implementation and development. Therefore, this place was chosen and studied by PVMACHINO to propose a project on ecotourism, resort and urban tourism, contributing to the implementation of the plan to become a bright spot, creating a strong wave of investment in tourism in Lang Son province.

Prime Minister Pham Minh Chinh with units supporting the social security program “Eliminating the temporary and dilapidated houses” in Lang Son province.

Also within the framework of the Conference, in response to the campaign to support and eliminate temporary and dilapidated houses in Lang Son province, as one of the units operating in the province, Petroleum Machinery and Equipment Joint Stock Company always advocates to well implement the movement “The whole country joins hands for the poor – leaving no one behind” and the goal of “Completely eliminating temporary and dilapidated houses for poor households, near-poor households, people affected by natural disasters and climate change” in the spirit of Resolution 42-NQ/TW.

Mr. Pham Van Hiep – General Director of Petroleum Machinery and Equipment Joint Stock Company received the “Golden Heart” certificate for supporting Lang Son province with 100 houses worth 5,000,000,000 VND.

Joining hands with Lang Son province to “eliminate temporary and dilapidated houses” in the province, the Joint Venture of Petroleum Machinery and Equipment Joint Stock Company and Phuc Hung Holdings Construction Joint Stock Company, immediately after receiving the Open Letter from the Provincial Party Committee – People’s Council – People’s Committee – Fatherland Front Committee of Lang Son province, invested in the program to support the elimination of temporary and dilapidated houses in Lang Son province with a total amount of 5 billion VND for 100 houses for poor households in Lang Son province, contributing to the work of hunger eradication and poverty reduction and improving the living conditions of the people.