(HBO) – The Party Committee and People’s Committee of Hoa Binh province are carrying out measures to mobilise capital for development investment and remove difficulties facing production and business activities so as to promote economic growth.
The
resolution of the 16th provincial Party congress for 2015-2020 has set the
target of an annual GRDP growth rate of at least 8.5 percent. By 2020, the
proportion of industry-construction in the local economy will increase by 10.44
percent, agro-forestry-fisheries down 6.32 percent, and services up 4.12
percent.
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The Hoa Binh Knitting JSC, based in the Da River Left
Bank Industrial Park of Hoa Binh city, has provided jobs for more than 400
local residents.
To that end, the provincial People’s Committee
has assigned concrete tasks to departments, sectors and localities to tackle
difficulties and boost growth.
The Department of Finance has to mobilise
additional funding for development investment and cut down regular spending
while still ensuring capital for the implementation of social policies in line
with principles and allocation plans.
The Hoa Binh branch of the State Bank of Vietnam
needs to direct local credit organisations to facilitate businesses, cooperatives,
cooperative groups and households’ access to credit sources. It also has to
encourage credit organisations to open transaction points in rural areas to
meet local credit demand.
Meanwhile, the Department of Agriculture and
Rural Development has to give counseling in terms of farmland use restructuring
while keeping the current area of cultivation stable. It also needs to guide businesses,
cooperatives, business households and farmers in developing production in
accordance with plans and applying high technology, thus improving product
quality and minimise unplanned agricultural practices. Additionally, the agency
needs to carry out solutions to link production expansion with the market’s
demand.
The Department of Industry and Trade is
requested to take measures to boost export and expand markets while
coordinating with the customs department and relevant agencies to simplify
administrative procedures for export-import activities. The department was also
told to improve the management of industrial and mining activities and work
with the Hoa Binh Power Company to build power supply plans to meet economic
and daily activities.
The Department of Construction will have to
review and deal with difficulties facing the projects exploiting limestone for the
production of building materials so that these projects can be resumed.
The Department of Natural Resources and
Environment needs to propose solutions to solve land disputes between
businesses and local residents in order to harmonise both sides’ interests and
ensure people’s livelihoods. It was also directed to create clean land for
investment attraction.
The Hoa Binh management board of industrial
parks was ordered to overhaul the planning of industrial parks and support the
projects already granted with investment certificates to accelerate their
implementation.
Besides, the provincial People’s Committee
assigned the Department of Transport to assist provincial leaders in proposing
the Ministry of Transport supplement the upgrade of National Highways 70 and 15
to the public investment plan. The agency was also asked to enhance
coordination with Son La province to speed up the construction of Hoa Binh –
Moc Chau highway.
Meanwhile, the People’s Committees of
district-level localities were demanded to resolve obstacles in site clearance
in a timely manner to make land ready for public investment and socio-economic
development projects. They were told to carry out administrative reforms in a
more substantive manner to facilitate people and businesses’ 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.
