Hoa Binh will deploy measures in a timely manner to remove obstacles for investors, prompting investment projects and creating favourable conditions for firms to access capital support, pledged a leader of the northern province.
Hoa
Binh presents emulation flags to 11 outstanding enterprises, and certificates
of merit to 20 other firms and cooperatives (Source: baohoabinh.com.vn)
Secretary
of the Hoa Binh Party Committee Bui Van Tinh made the commitment at a meeting
with representatives of more than 200 enterprises, cooperatives and investors
in the locality on February 20.
At the meeting, Nguyen Van Than, Chairman of the Vietnam Association of Small
and Medium Enterprises, noted that local firms paid over 1.9 trillion VND (81.7
million USD) towards the state budget in 2018, accounting for 78.8 percent of
the total budget collection in the province, helping boost Hoa Binh’s GRDP growth
to the 19th place among the 63 localities nationwide.
In 2018, the province saw the formation of 420 new companies and more than 110
branches and representative offices of businesses, along with 65 new
cooperatives with a combined capital of over 6 trillion VND.
At the same time, Hoa Binh attracted 57 domestically-invested projects worth
nearly 13.45 trillion VND, and three foreign-invested with a total capital of
200.24 million USD.
Than proposed that local firms and cooperatives review and reform their
management systems, while restructuring capital and business portfolio,
creating connection chains, and enhancing management capacity.
On the occasion, Chairman of the People’s Committee of Hoa Binh Nguyen Van
Quang presented emulation flags to 11 outstanding enterprises, and certificates
of merit to 20 other firms and cooperatives.
Source: VNA
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
