(HBO) – The 13th forum on cooperation and connectivity for the development of enterprises in the northern region has been jointly held in the northern province of Hoa Binh by the Vietnam Association of Small and Medium Enterprises (SMEs) and the provincial People’s Committee.
A view of the forum.
The forum
discussed ways for enterprises to increase connectivity, come out victorious in
the battle against COVID-19 and help fulfill the country’s dual goals.
In his remarks at
the event, Minister of Planning and Investment Nguyen Chi Dung said the era of
the fourth Industrial
Revolution and global changes triggered by COVID-19 have opened major
opportunities for Vietnam. He expected domestic firms to change their mindset
and vision to develop a strong business community and create high-quality
products, contributing the the national economic growth.
In the face of the
COVID-19 crisis, participating leaders of ministries and governmental agencies
advised companies to adapt to the "new normal” and improve their resilience to
develop.
To help the SMEs
weather the unprecedented crisis and recover, the business representatives
proposed the ministries, agencies and local administrations to acknowledge
their role in the economy and create a fair environment for them to compete
with large corporations. They also urged for the soon implementation of the Law
on Support for SMEs and adoption of incentives in terms of land, taxation and public
administration procedures.
The enterprises
also asked for support in promoting trade internationally and seeking new
sources of supply and buyers overseas.
Chairman of the
provincial People’s Committee Bui Van Khanh briefed participants on results of Hoa Binh’s 17th Party Congress and
local socio-economic situation.
He attributed thelocal socio-economic
development to efforts of the local business community.
Hoa Binh always
welcomes investors and supports them in carrying out investment procedures, he
said, adding that the province will take measures to enhance quality of public
service delivery and provide the investors all possible conditions./.
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.