Bui Van Khanh, Chairman of the People’s Committee of Hoa Binh and members of the working delegation inspect the resettlement area of the Da River’s left bank industrial park in Hoa Binh city.
Thanks to the drastic direction of the province, over the years, the local business community has expanded in both quality and number. The structure, scale and operation areas of businesses have seen positive progress, suitable to the economic structure transformation of the province.
The key role of businesses in economic development has been affirmed, which has contributed to completing the province’s socio-economic development.
Currently, the province has had over 3,000 companies, mostly small and medium in size.
As of September, the province had hosted 568 projects, including 528 domestically-run projects worth over 69.3 trillion VND, and 40 FDI ones with combined capital of 584 million USD.
Over the years, the provincial Business Association has showed active performance in external relations activities, while calling on big businesses to introduce the potential of the locality.
The association has coordinated with local authorities to organise meetings and dialogue with businesses to seek measures to deal with difficulties facing them and support their production and business, contributing to transforming the socio-economic structure of the province.
In order to boost the growth of local entrepreneurs and help them catch up with the Fourth Industrial Revolution, in the future, local authorities will help the local business community to grasp opportunities, understand policies of the Party and State in business and production and apply advance technology to enhance the productivity and quality of their products./.
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