(HBO) - Enterprises and economic sectors are asserting that they are the core force in economic development and social security guarantee. The enterprises of the province boldly structured and organized the linkages, seized new opportunities and shifted their investment to the fields with competitive advantages of the province.

Esquel Textile and Garment Group - a foreign company investing in a factory in Luong Son Industrial Park operates and makes a profit among foreign invested enterprises. In 2017, the company was honorable to receive the excellent emulation flag of the provincial People's Committee. Currently, the company is planning to invest in expanding production, creating jobs for 1,000 workers by 2019.

 

Esquel Vietnam Garment Company (Luong Son Industrial Park)

 

Private enterprises in the province are restructuring, reorganizing production, reducing costs, boldly investing in new areas of business that have previously been little or no interest. From the restructuring of the enterprise, focusing on the human factor, improving the business administration competence, implementing the "breakthrough" business solutions, Hoang Son Company effectively implemented many important invested projects in the fields of commerce, hydropower and being the successful investor of many important projects inside and outside the province, building prestige by many projects and constructions which contribute to the development of structure Socio-economic infrastructure of the province.

Hoa Binh Tourism joint Stock Company is one of the first enterprises to invest in tourism on Hoa Binh Lake. The company is implementing some key projects.

Up to now, the province has 2,773 enterprises, 385 cooperatives, 36,487 individual business households which are actively contributing to job creation and economic restructuring of the province. Annually, enterprises have achieved the turnover of trillions VND, creating new production capacity, paying hundreds of billions of VND to the state budget, creating jobs for thousands of workers, contributing significantly to the restructuring of the economy to sustainable development under provincial planning. In 2017, in the context of many difficulties, the province still achieved the economic growth rate (GRDP) of 9.46%. The total investment capital of the whole society was 11,840 billion VND. The export value reached at 505 million USD. The average income per capita reached at 40.5 million VND.

 


 

Related Topics


Comrade Bui Duc Hinh elected Chairman of Hoa Binh People’s Committee

The 17th-tenure People’s Council of Hoa Binh province, for the 2021-2026 term, convened its 24th session on January 7, during which Bui Duc Hinh was elected Chairman of the provincial People’s Committee for the tenure.

Provincial Party Committee’s Standing Board discusses major socio-economic issues

The Hoa Binh provincial Party Committee’s Standing Board recently held a meeting under the chair of Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, to look into some important socio-economic development issues.

One good deed each day: Part 5 – Studying, following Uncle Ho’s example voluntarily, naturally, anytime, anywhere, in everything

During the implementation of the Politburo’s Directive 06-CT/TW, dated November 7, 2006, on organising the movement of "studying and following President Ho Chi Minh’s moral example”; Directive 03-CT/TW, dated May 14, 2011, on the continued enhancement of studying and following the late leader’s moral example; Directive 05-CT/TW, dated May 15, 2016 on the promotion of studying and following Ho Chi Minh’s ideology, moral example, and style; and Conclusion 01-KL/TW, dated May 18, 2021, on the continued implementation of Directive 05-CT/TW, it is a fact in Hoa Binh province that all people, from farmers to intellectuals, as well as from senior citizens to the young, any people can study and follow Uncle Ho’s example in a voluntary and natural manner anytime, anywhere, and in everything.

One good deed each day: Part 4 – Preserving, promoting nation’s characteristics in line with Uncle Ho’s teachings

As soon as the Democratic Republic of Vietnam (now the Socialist Republic of Vietnam) was founded, to protect and consolidate the revolution’s achievements, under the Party’s leadership, the provisional Government led by President Ho Chi Minh issued a series of decrees to manage and construct the country. 

Lam Son commune strengthens Party building

The Party Organisation of Lam Son commune, Luong Son distict has paid much attention to Party building in association with isnpection and supervision, which helps enhance the leadership capacity in fulfilling local political tasks.

Conference reviews foreign non-governmental aid mobilisation in 2024

The People's Committee of Hoa Binh province has held a conference to review the implementation of its foreign non-governmental aid mobilisation programme in 2024. Vice Chairman of the provincial People's Committee Nguyen Van Chuong attended and delivered a keynote address at the event.