(HBO) – The Chairman of the provincial People’s Committee on November 16 issued Document No. 1980/UBND-NNTN, approving plans on building a competitiveness index for districts, departments and sectors, and conducting a survey on businesses’ assessment of the business and investment environment in Hoa Binh city, districts, departments and agencies in the locality.
The
business community in Hoa Binh province has proposed to local authorities
measures to support enterprises and improve the local business environment.
The move is made in implementing the
resolution adopted at the 17th provincial Party Congress, which sets
the goal of improving the province’s ranking in the provincial competitiveness
index (PCI) by at least three places a year during the 2021-2025 period. It is also
expected to create significant changes in the local business climate.
The District and Department
Competitiveness Index (DDCI) will measure the satisfaction of enterprises,
cooperatives and household businesses about economic management capacity of
authorities of Hoa Binh city, districts, and provincial departments and
agencies.
The index will encourage local authorities
to work harder to raise their economic management quality, and better the
settlement of administrative procedures relating to investors, enterprises,
cooperatives and household businesses, thus facilitating their operation.
It will also create a trust-worthy,
transparent channel for investors, firms, cooperatives and household businesses
to contribute opinions on building local authorities.
The survey will be conducted from January
1 to December 31, 2021 through direct interviews in Hoa Binh city, all districts
and certain departments and agencies in the province.
As many as 400 enterprises, 20
cooperatives and 80 household businesses are expected to participate in the
study.
The provincial business association will
instruct its chapters in Hoa Binh city and districts to send officials to each
participating enterprise and cooperative to deliver questionnaires, and explain
the unclear points of the questions.
The index will be compiled based on
survey’s outcomes.
The building of the index is set to create
practical, strong changes in the mindset and actions of local authorities,
departments, agencies and the business community, thus helping to attract more
resources for local economic development./.
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.