(HBO) – Hoa Binh Clean Water joint Stock Company is conducting State capital divestment. Most of the share offering sessions have attracted particular interest from investors. So far, the company has divested 60 percent of the State shares and the process is expected to be completed in 2018.
Workers of the Hoa Binh Clean Water joint Stock Company are
operating a pumping station in the left bank of Da River in Hoa Binh city.
In March 2009, the provincial People’s Committee issued Decision No.539/QD-UBND
approving the transfer of Hoa Binh Clean Water one member limited liability
company to Hoa Binh Clean Water joint Stock Company.
After conducting equitisation, the company had sold its shares at preferential
prices to employees. Each share is worth 10,000 VND. However, the number of
officials and workers holding shares was inconsiderable (less than one
percent).
The company is operating under the business registration certificate No.
5400108279 and has raised its chartered capital for the third time to over 66.7
billion VND from 61.1 billion VND after the assets of water plants in Lac Thuy
and other districts were merged into the company’s State capital.
It is mainly active in the field of clean water supply, treatment and
exploitation. Key services include providing clean water for households and
production businesses in Hoa Binh province.
Since 2005, the company has provided water bottles of 0.5 liters and 19 litres.
It also installed and repaired water supply facilities to meet the demand of
locals.
Its revenues in 2017 reached over 55.19 billion VND (2.3 million USD),
including 48.88 billion VND (2.08 million USD) from clean water or 88.56
percent of the total, and 5.33 billion VND (227,812 USD) from installing and
repairing water pipes or 9.67 percent.
According to Chairwoman of the Board of Hoa Binh Clean Water joint Stock
Company Nguyen Thi Hoa said the company put nearly 6.8 million shares worth
66.8 billion VND (2.8 million USD) for sale on the Unlisted Public Company
Market (UPCoM) on July 18, 2018./.
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.
