(HBO) - In the first three months of 2022, the Party Committee and People's Committee of Hoa Binh province directed relevant departments, sectors and People's Committees of districts and Hoa Binh city to continue stepping up investment promotion activities, strengthening coordination in handling administrative procedures, implementing solutions to improve the business environment and removing difficulties for enterprises and investors.

Photo: Antona joint Stock Company (Luong Son Industrial
Park) specialising in manufacturing technical equipment and child toys has gone
into stable production, helping to create jobs for local workers.
In Q1, the province saw 130 newly-established enterprises
with a total registered capital of about 3.3 trillion VND (143.88 million USD);
equal to the number registered in the same period last year, but up 2.5 percent
in capital.
There were 35 enterprises registering new branches and
representative offices; and 230 others changing or supplementing the content of
business registration certificates. However, during the period, 95 firms
registered to suspend production and business activities and 10 others
voluntarily dissolved.
Also in this period, the province approved investment plans
for 17 domestic projects with a total registered capital of over 6.14 trillion
VND, 8.5-fold and 114-fold rises compared to the same period last year,
respectively./.
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.