(HBO) – Amid complicated developments in the world and domestic economic situations, Hoa Binh province has been implementing many solutions, creating favourable conditions and gradually ensuring the sustainable development of the business community and entrepreneurs.
Bui
Van Khanh, Deputy Secretary of the Hoa Binh Provincial Party Committee,
Chairman of the provincial People's Committee and other leaders of agencies
visit CAP Global Co. Ltd. at Luong Son Industrial Park
There were 4,296 enterprises in the province by the end of last
year. Half of them (2,143 enterprises) were engaged in the industry and
construction sectors. Commercial and service firms (1,679) accounted for 39.1%
while agricultural, forestry and fishery enterprises (312) made up 7.3%. Those
of other sectors accounted for 3.8%. These businesses have contributed to
helping thousands of people have stable jobs. Most of the enterprises are small- and micro-sized enterprises. They contribute
over 2.3 trillion VND (97.3 million USD) to the State budget per year.
In addition to limitations related to the scientific and technical level,
enterprises also faced many hurdles as the consumption market has not improved
much. It is still difficult for them to implement some supporting mechanisms
and policies of the Government.
Slow administrative reform in the fields of investment, construction and land
has caused many businesses to miss their investment opportunities, while others
have faced difficulties relating to land compensation and site clearance.
A lot of leaders of enterprises haven’t undergone training relating to
financial and human resource management, marketing and business strategy
building. Some investors still lack financial capacity and do not have high
responsibility for the projects' implementation.
To facilitate enterprises’ performance, in the coming time, Hoa Binh will
continue to adopt solutions to improve the provincial competitiveness index,
focusing on attracting investment. It will promote the development of infrastructure, especially in the field of
transport as well as the establishment of new businesses with credit and tax
incentives.
Administrative procedure reform will be sped up along with the application of
information technology in management. Commercial banks will be asked to handle shortcomings, especially bad debts so
that businesses can access loans and generate jobs.
Hoa Binh will strengthen the management of basic construction investment,
accelerate the disbursement of investment capital for projects which are funded
by the State budget and national target programmes, and contribute to
increasing the sales of construction materials produced in the province./.
Anyone found to be encroaching upon the forest, even if it is just one bamboo shoot, will face penalties. This commitment has been unanimously added into the covenant of Bua Cau hamlet, Hung Son commune in Kim Boi district, to protect the forest.
The Hoa Binh Power Corporation (PC Hoa Binh) has applied synchronous measures to gear up for the coming summer season when power consumption demand surge may cause a risk of power supply disruption.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
