(HBO) – Since the start of 2022, the Hoa Binh provincial People’s Committee has ordered relevant departments, sectors, and localities to mobilise resources for developing infrastructure at industrial parks (IPs) and industrial clusters; accelerate site clearance for the Yen Quang, Mong Hoa, Lac Thinh, and Nhuan Trach IPs; and step up administrative procedure reform and IT application so as to create favourable conditions for investors.
The GGS Vietnam Co. Ltd, based in the Da
River Left Bank Industrial Park in Hoa Binh city, has taken flexible moves to
cope with the pandemic and boost production and business activities, thus
ensuring stable jobs for employees.
IPs in Hoa Binh province are currently home to
104 valid projects, including 27 foreign direct investment projects worth
527.35 million USD and 77 domestic ones worth almost 11.1 trillion VND (485.5
million USD).
In the first quarter of 2022, businesses based
in local IPs earned 4.96 trillion VND in revenue, up 13 percent year on year
and equivalent to 25.3 percent of this year’s target. They created new jobs for
100 workers.
For 2022, the Hoa Binh IP management board
targets 10 new investment projects to be attracted, revenue of businesses there
hitting 19.6 trillion VND, and export value reaching 720 million USD./.
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.
