(HBO) – Five investment projects in Hoa Binh province have received approval from the start of the year, with a combined registered capital of 2.96 trillion VND (127.46 million USD).
Lac Son branch of Sankoh Company Limited bolsters production and operation, creating jobs with stable incomes for local workers.
In February alone, the province approved
four domestic investment projects with a combined registered capital worth 2.56
The People’s Committee of Hoa Binh province
ordered leaders of local departments and sectors to continue improving the business
climate to attract investors, especially strategic ones, in the first two
months, in an effort to raise the province’s investment attraction.
Agencies were also asked to remove
bottlenecks for local businesses.
At present, Hoa Binh is home to 573
projects, including 39 foreign and 534 domestic with a combined capital of
573.2 million USD and 71.25 trillion VND, respectively./.
HCM City steps up rooftop solar power development
Despite FDI shown signs of a slowdown as a result of the negative impact of COVID-19, experts believe that the nation will be able to welcome an array of fresh dual investment after the pandemic.
(HBO) – The complicated developments of COVID-19 have seriously affected all social aspects, especially economic development. Growth decline was recorded in many fields. In the first quarter of 2020, the gross regional domestic product (GRDP) was estimated at 6.62 percent. The figure is projected at 4.57-5.86 percent in the second quarter due to the impact of the pandemic on business and production activities.
(HBO) – Numerous efforts made in the first months of the year have contributed to the 6.6 percent increase in the aquatic product output of Hoa Binh province. The province is home to 43 aquaculture farms and cooperatives, of which 13 are specialised in farming. The aquaculture farming areas in the province span 2,686ha, with 4,630 fishing cages.
(HBO) – Hoa Binh farm produce trademark has become popular in recent years. It is the result of concerted efforts, including biotechnological application in agriculture.
(HBO) – The Bank for Agriculture and Rural Development in Yen Thuy district, Hoa Binh province, simplified lending procedures, reformed lending model and methods and coordinated with communes, towns, associations of farmers and women, and other socio-political organisations to roll out favourable lending methods during the first quarter of this year.