Leader of the provincial IP management board presents certificates of merit to outstanding businesses.

In 2020, operations of local IPs bore the brunt of COVID-19. However, under the leadership of local authorities and the management board, as well as efforts by investors and firms, the development of IPs obtained significant results.

Local IPs attracted nine new investment projects in the year, fulfilling 112.5 percent of the plan, while five projects began operation, earning 15.72 trillion VND (685.32 million USD) in revenues, meeting 104.8 percent of their plans. IP-based enterprises posted exports value of 640 million USD and paid 200 billion VND into the State budget.

Also during the year, investment totaling 105.15 billion VND was poured into building key facilities at the Da river left-bank, Yen Quang, Mong Hoa and Lac Thinh IPs.

In 2021, the key targets set by the management board included drawing 10 new projects, raking in 15.8 trillion VND in revenue and 700 million USD in export turnover, and creating jobs for 1,760 people, among others.

Addressing the conference, Vice Chairman of the provincial People’s Committee Dinh Cong Su asked the board to continue provide consultation for local authorities and relevant agencies, in order to complete targets and tasks stipulated in Resolution No.09 NQ-TU dated May 26, 2014 and other documents of the provincial Party Committee.

He instructed the board to implement tasks assigned by the Secretary of the provincial Party Committee and the provincial People’s Committee, towards the goal of raising occupancy rate at the Da river left-bank IP to 100 percent, 50 percent in Mong Hoa IP, 20 percent in Yen Quang IP, and 60.04 percent in Nam Luong Son IP.

In addition, the board should help the People’s Committee to build a proposal on infrastructure investment in Nhuan Trach IP to submit to the Prime Minister for approval, and to bolster investment at Lac Thinh.

The provincial leader urged IP-based firms to exert efforts to surmount difficulties foster revenue growth, and prevent disruptions in supply and demand amidst disasters and diseases.

Those with excellent achievements in 2020 were honoured on the occasion./.

Related Topics

Hoa Binh youth union looks to spur start-up movement

Hoa Binh advances cooperative economy

Hoa Binh takes actions to connect markets, promote values of agricultural products

Luong Son district is determined to achieve the targets of double-digit growth

---

Issuing the certificates of the product safety in the supply chain for the establishments

Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.

Hoa Binh province reviews state budget revenue in first two months

Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.

Young Thai ethnic woman brings traditional brocade to international market

Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.

Tan Vinh farmers strive to excel in production and business

As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.

Hoa Binh's leaders work with China Pacific Construction Group

alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.

Hoa Binh calls for acceleration of PCB manufacturing plant project

The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.