(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./.
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.
