(HBO) - According to results released by the Vietnam Chamber of Commerce and Industry, in 2018, Hoa Binh province gained 61.73 points in the Provincial Competitiveness Index (PCI), up 4.93 points from 2016 and 2.31 points from 2017, and ranking 48 out of the 63 provinces and cities across the country.
The Hoa Binh Knitting JSC, based in the Da
River Left Bank Industrial Park in Hoa Binh city, has operated fruitfully and
created jobs for 400 people.
Among the 500 businesses of Hoa Binh chosen for
the PCI survey, 157 or 31.4 percent of them replied, including 32 firms
established in 2017 and 2018.
Sub-indexes showed that the province’s PCI last
year increased in both the score (up 2.31 points) and the ranking (up 4 places)
from 2017. As much as 71 percent of private businesses said the provincial
administration was flexible and creative in making initiatives to develop the
private economic sector; and 54 percent said the provincial People’s Committee
was very dynamic and creative in solving new problems. Meanwhile, 65 percent of
the interviewees said difficulties and obstacles were addressed in a timely
manner through dialogues and meetings with businesses (compared to the
nationwide average of 68 percent); 81 percent said they were satisfied with the
administration’s response to and settlement of problems they pointed out
(compared to the nationwide average of 77 percent).
These results reflect Hoa Binh’s efforts to
improve the local business environment over the past years. In 2018, the
provincial administration carried out many concrete solutions to improve its
governance quality and support enterprises and investors in clearing
administrative procedures and carry out investment activities.
In particular, the provincial Party Committee
has assigned local officials to direct the acceleration of key projects. The
provincial People’s Committee has seriously implemented the business climate
and PCI improvement plan, and tasked agencies with improving the sub-indexes
within their remit. The two committees have also organised regular dialogues
and meetings with businesses to solve difficulties and obstacles. Hoa Binh has
also paid attention to investment promotion and image popularization
activities.
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.
