Hoa Binh will deploy measures in a timely manner to remove obstacles for investors, prompting investment projects and creating favourable conditions for firms to access capital support, pledged a leader of the northern province.
Hoa
Binh presents emulation flags to 11 outstanding enterprises, and certificates
of merit to 20 other firms and cooperatives (Source: baohoabinh.com.vn)
Secretary
of the Hoa Binh Party Committee Bui Van Tinh made the commitment at a meeting
with representatives of more than 200 enterprises, cooperatives and investors
in the locality on February 20.
At the meeting, Nguyen Van Than, Chairman of the Vietnam Association of Small
and Medium Enterprises, noted that local firms paid over 1.9 trillion VND (81.7
million USD) towards the state budget in 2018, accounting for 78.8 percent of
the total budget collection in the province, helping boost Hoa Binh’s GRDP growth
to the 19th place among the 63 localities nationwide.
In 2018, the province saw the formation of 420 new companies and more than 110
branches and representative offices of businesses, along with 65 new
cooperatives with a combined capital of over 6 trillion VND.
At the same time, Hoa Binh attracted 57 domestically-invested projects worth
nearly 13.45 trillion VND, and three foreign-invested with a total capital of
200.24 million USD.
Than proposed that local firms and cooperatives review and reform their
management systems, while restructuring capital and business portfolio,
creating connection chains, and enhancing management capacity.
On the occasion, Chairman of the People’s Committee of Hoa Binh Nguyen Van
Quang presented emulation flags to 11 outstanding enterprises, and certificates
of merit to 20 other firms and cooperatives.
Source: VNA
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.
