(HBO) – The Hoa Binh Party Committee on November 29 had a meeting with leaders of the VinaCapital Group regarding the latter’s proposal to research and invest in a project in the province. Present at the event were Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee; Bui Duc Hinh, Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People's Council; Bui Van Khanh, Deputy Secretary of the provincial Party Committee and Chairman of the Provincial People's Committee; and Quach Tat Liem, Vice Chairman of the provincial People's Committee; among others.
Delegates discuss opportunities for investment in the Hoa Binh lake area.
VinaCapital Group representatives introduce the group's urban and tourism products.
On behalf of the provincial leaders, Long informed the guests on Hoa Binh’s socio-economic situation. Hoa Binh is located at the gateway of the northwest region, adjacent to Hanoi, and part of the planning of the capital and northern key economic regions. The province has diverse and rich natural conditions, and abundant opportunities for investment and development across fields. It identified four spearheaded sectors for growth, namely high-tech industry, clean agriculture, tourism services, and urban development. The Hoa Binh Lake, approved by the Prime Minister to be developed into a key national tourist area, offers an opportunity to develop tourism types based on the local natural landscape, lake ecosystem, and ethnic identity.
The official expressed his hope the group will study the area for future investment, and work to develop high quality tourism products. VinaCapital Group, a leading real estate investor in Vietnam, has so far implemented projects in 11 provinces and cities across the country.
At the meeting, a series of investment opportunities were tabled, including the construction of a resort complex on Hoa Binh Lake, a 4-star standard hotel in Hoa Binh city, and a garden resort, among others.
Chairman of the provincial People’s Committee Bui Van Khanh pledged favourable conditions for investors in terms of administrative procedure and incentives./.
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.
