(HBO) - In the first two months of this year, Hoa Binh province had 40 new enterprises and one project got investment proposal greenlighted.
Bigfa joint Stock Company in Luong Son Industrial Park.
As of the end of February, a total of 728 projects with non-State budget investment had been approved and are still in operation, including 37 foreign investment projects with a total registered capital of about 608 million USD and 691 domestic investment projects with a total registered capital of nearly 183.5 trillion VND (7.79 billion USD). By now, the total number of investment projects in industrial parks of the province is 105 projects including 24 foreign direct investment ones with a total registered capital of 519.31 million USD and 81 domestic investment projects with a total registered capital of over 15.77 trillion VND.
In February, the province saw 19 newly established enterprises. So far this year, it has had 40 new enterprises with a total registered capital of 409 billion VND.
In the first two months of the year, the province had 10 enterprises dissolved and 55 enterprises registered to operate again./.
No success is easy, especially for a mountainous province like Hoa Binh, which still faces many difficulties. In the process of economic restructuring, the locality encounters various challenges, ranging from weak infrastructure, ineffective investment attraction, to barriers in awareness. However, it has taken effective solutions to overcome obstacles hindering economic development.
A revolution is unfolding in Hoa Binh province, with broad roads stretching across the terrain, industrial zones humming with machinery, organic vegetable fields rolling out in vibrant green expanses, and tourism destinations emerging, rich with cultural identity.
The Youth Union of Hoa Binh city has launched a series of initiatives to foster entrepreneurship, providing members with opportunities to showcase their potential and contribute to local development.
In recent years, the cooperative economy in Hoa Binh province has made significant progress, particularly in the agricultural sector. This development has contributed not only to local economic growth but also to improving livelihoods, promoting rural development, and protecting the environment.
