(HBO) – The People’s Committee of Hoa Binh province has directed provincial departments, agencies and administrations to take various measures to boost development of all economic sectors.
In August, 35
new businesses were established in the province with total registered capital
of 300 billion VND.
Esquel
Garment Manufacturing Co., Ltd., located in Luong Son Industrial Park, expands
production in recent years, providing jobs for thousands of local people and a
monthly income averaging 6.5 million VND.
In the first
eight months of this year, the province saw 219 new enterprises with combined
registered capital of over 6.13 trillion VND. It has also permited 10 firms to
set up branches and representative offices in August, raising the total figure in the January-August period to 40.
A total of 120
companies were allowed to make amendments to their business registration
certificates last month, bringing the eight-month number to 1,215.
During the
period, 103 businesses suspended operations and 15 were dissolved./.
Being located more than 10 km from the center of Hoa Binh city, Sen Vang Organic Farm is in Dong Chua hamlet, Thong Nhat ward. This is an ideal destination for those who want to immerse themselves in the nature and find the peace after the hustle and bustle of life. With an area of over 60 hectares, the farm is systematically planned, harmoniously combining the wild natural landscape and diverse experience areas. Sen Vang chrysanthemum tea is produced from organic, completely natural ingredients.
In 2024, Hoa Binh province witnessed signs of economic recovery, particularly in investment attraction. Notably, several projects are showing good progress, indicating that the vitality of businesses is positively correlated with the overall economic recovery.
The 25th Party congress of the Lac Thuy district for the 2020-2025 term identified the development of industry, trade, and services as its top priorities to drive the shift of the economic structure towards increasing the proportion of industry and services while reducing the that of agriculture, thus contributing to creating a motivation for socio-economic development in the locality.
Hoa Binh HKK Knitting Co. Ltd., located in the Hoa Binh Left Bank Industrial Zone, employs nearly 500 local workers with an average monthly salary of 8 million VND (3,150 USD).
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.
