Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
Delegates at the "Meet India 2024” conference.
Highlighting local strengths, potential, and socio-economic development, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh said that the province prioritises investments in the areas of high-quality supporting industry, production and processing of agro-forestry-aquatic goods, and the development of resort tourism and urban areas.
The local administration always rolls out red carpet for investors and will create favourable conditions for them to successfully carry out their projects and ensure sustainable development, he stressed.
Affirming the time-honoured ties between the two countries, Indian Ambassador to Vietnam Sandeep Arya expressed his hope that the bilateral collaboration will become more dynamic in the coming time on the back of various economic trade pacts with commitments to enhancing comprehensive cooperation across politics, economy-trade, culture, education-training, and science – technology.
He described Hoa Binh as a promising locality for investment, pointing out several promising areas for cooperation such as high-tech agriculture, pharmaceuticals, information technology, and tourism. He also suggested the two sides expand collaboration to finance, infrastructure, electrification, thermal and hydroelectric power plants, and renewable energy technologies.
The event not only created an opportunity for the two sides to step up investment promotion and foster diplomatic ties and multifaceted cooperation but also affirmed Hoa Binh’s resolve to overcome challenges and capitalise on opportunities to fulfill its goal of reaching the nation’s average economic development for the 2020-2025 tenure.
Earlier, the delegation of the Indian Embassy, organisations, and businesses visited the Yen Quang industrial park and the Tien Tien Industrial Cluster in Hoa Binh city, and Giang Mo hamlet in Cao Phong district.
In a bold move to enhance its Provincial Competitiveness Index (PCI), Hoa Binh province has carried out various measures to create a more dynamic and business-friendly environment across all economic sectors.
The People's Committee of Hoa Binh, in collaboration with the Thai Binh Duong Group, held a ceremony in Phu Nghia commune, Lac Thuy district on January 17 to inaugurate the Huong Binh cable car line and launch the Huong Binh Valley project.
Hoa Binh achieved all 19 socio-economic development targets last year, surpassing plans and marking a record high in state budget revenue. The province exceeded the Prime Minister's revenue target by 87%, ranking among the top localities that surpass budget revenue projections.
The infrastructure development and construction project for Nhuan Trach Industrial Park (IP), spanning a total area of 213.68 hectares across Nhuan Trach and Cu Yen communes in Luong Son district, officially broke ground on January 10.
In Thanh Cao Commune, Hanh Dat Company Limited has just held the Inaugurating Ceremony of Long Hung Manufactuaring, Trading and Service Wood Factory. There was the attendance of Mr. Quach Tat Liem, the Vice Chairman of the Provincial People's Committee.
Being located more than 10 km from the center of Hoa Binh city, Sen Vang Organic Farm is in Dong Chua hamlet, Thong Nhat ward. This is an ideal destination for those who want to immerse themselves in the nature and find the peace after the hustle and bustle of life. With an area of over 60 hectares, the farm is systematically planned, harmoniously combining the wild natural landscape and diverse experience areas. Sen Vang chrysanthemum tea is produced from organic, completely natural ingredients.
