(HBO) – In the 2022 Provincial Competitiveness Index (PCI) announced by the Vietnam Chamber of Commerce and Industry (VCCI) in early April, Hoa Binh ranked 53rd out of the country's 63 provinces and cities with a total score of 62.81 points, up 9 places compared to 2021. This result reflected efforts of the whole political system in reforming administrative procedures and improving the local business investment environment.
The Resolution of the 17th provincial Party Congress for the
2020 – 2025 term set a target of increasing 3 places each year on the PCI
rankings. It defined administrative reform and improvement of the business and
investment environment is one of strategic breakthroughs in order to
successfully implement the province's socio-economic development targets for
the 2020 – 2025 period. However, in 2021 - the first year implementing the
Resolution, the province fell to the 62nd place out of the 63 provinces and
cities in the PCI rankings and was in the underrated group.
Therefore, many concerted solutions have been drastically
implemented by the province. The whole political system has got involved with
the determination to build an open, transparent and attractive business
environment. The provincial People's Committee has supplemented many mechanisms
and policies to improve the business and investment environment, and create
favourable conditions and equality for all economic sectors to develop. At the
same time, it has built specific mechanisms and policies to encourage
enterprises to invest in agriculture and rural areas, support linkages in
production and consumption, and assist innovation and start-ups.
In addition, efforts have been made to simplify
administrative procedures, promote the application of information technology in
handling administrative procedures, and improve the satisfaction of
organisations and individuals.
These solutions have created trust in the business community.
As a result, in the 2022 PCI index, the province saw seven out of nine
component indexes reporting increases compared to those of 2021.
However, the provincial People’s Committee, departments and
agencies all agreed that it cannot be satisfied, because the province's PCI is
still at the bottom. Therefore, in order to fulfill socio-economic development
targets for 2023, there is a need for persistence and decisiveness in the
process of improving the competitiveness index as well as the business and investment
environment of the province. In particular, carrying out solutions to promote
production and business and ensure a safe policy environment for enterprises to
develop is considered as one of the key tasks in the coming time./.
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.