HBO – By July 15, 2017, industrial parks in Hoa Binh province had attracted 69 projects, including 20 foreign direct investment (FDI) projects with a total registered capital of 421.59 million USD and 49 domestic ones worth 8.23 trillion VND (around 362.6 million USD). Among them, 43 have been put into operation.
In July, these enterprises earned
total revenue of 1.05 trillion VND (46.3 million USD), bringing the total
figure in the first seven months of 2017 to over 7.11 trillion VND (313.5
million USD), equivalent to 59.2 percent of the annual target.
Meanwhile, their total export
turnover was valued at 43 million USD in July and 282.78 million USD during the
January-July period, or 61.74 percent of the annual target.
The enterprises also contributed 15
billion VND to the State budget in the month. The total figure in the
January-July period was 103.5 billion VND, equivalent to 54.8 percent of the
set target.
Japanese wholly-invested Bandai
company generates jobs for hundreds of local workers.
At present, as many as 15,400 labourers
are working in the industrial zones. Enterprises in the industrial zones,
especially FDI firms, have been developing stably, contributing remarkably the
province’s export value and State budget, and generating jobs for local workers./.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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