In recent years, the provincial Party Committee, and People's Committee, and those at all levels have cared for and accompanied businesses. Photo: Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Van Khanh awards the flag of emulation to outstanding enterprises in 2023.

Over the past years, the Hoa Binh business community has continuously developed and improved operational efficiency, especially in terms of capital, revenue, profits, and generation of jobs and income for workers. It has demonstrated a pioneering role in organising production resources, creating goods and services for society, and promoting the province's socio-economic development.

The structure and scale of local businesses are still modest, with about 98% being micro- and small-sized ones. However, according to the provincial Taxation Department, in 2023, they contributed over 3.7 trillion VND (145.5 million USD) to the state budget, accounting for 73% of the province’s total budget revenue. They also attracted 1,830 new workers and created stable jobs for nearly 84,000 labourers.

Creating breakthroughs in administrative reform, improving the investment and business environment, and attracting and improving the efficiency of using resources for development are the key tasks and solutions implemented concertedly by the province to support businesses.

For key projects, Hoa Binh has established a steering committee headed by the Secretary of the provincial Party Committee which meets twice a month to promptly assist businesses and investors in removing difficulties and obstacles during the project implementation.

Chairman Khanh called on businesses and entrepreneurs to continue contributing and working with the province to complete the proposed socio-economic development tasks. He affirmed that in the coming time, the province will continue to research and perfect policies and solutions to help the business community to develop.

This is an important spiritual fulcrum to help the business community have confidence, develop comprehensively, and achieve high efficiency in production and business activities, thereby creating momentum for the overall development of the province.

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