(HBO) – Not only located next to Hanoi capital city and acting as a gateway to the northwestern region, Hoa Binh province also boasts huge potential for developing tourism, agriculture, and industry amid a quick shift in the investment flow from other localities. Therefore, it now holds considerable opportunities to welcome a new wave of investment and become a development centre in the region.
Luong Son district is currently home to 48 investment
projects in its industrial parks, which has created momentum for local
socio-economic development. The photo is taken at the Midori Apparel Vietnam
Hoa Binh Co. Ltd in Luong Son Industrial Park.
Investment poured into the province has been on
the rise in recent years. A large number of domestic and foreign investors,
including major ones, have chosen Hoa Binh as their destination.
Data from the provincial People’s Committee show
that Hoa Binh accommodated 629 valid investment projects funded with non-State
budget capital as of mid-June 2021. They include 40 FDI projects worth over
619.36 million USD and 589 domestic ones worth almost 92.22 trillion VND (4
billion USD).
To attract investment and support major projects
to soon become operational, the provincial Party Committee and People’s
Committee have organised many meetings and dialogues with enterprises and
investors to learn about their situation and direct relevant departments and
localities to tackle obstacles facing their operations.
The administration of Hoa Binh also issued a set
of criteria for selecting investors in projects that use land. These criteria
prioritise investors with sufficient financial strength, experience, and fast
project implementation.
Aside from rolling out the "red carpet” for
investors, the provincial People’s Committee has also ordered thorough
settlement of projects lagging behind schedule, using land ineffectively, or
violating other legal regulations on investment and land.
Competent agencies have considered support for
the projects that failed to meet schedule due to objective reasons such as site
clearance problems and impacts by the COVID-19 pandemic. They were asked to
only consider and approve the project adjustments proposed by investors who
have realised their commitments and met all the regulated standards./.
Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.
In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.
Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.
alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long has met with executives from Japan's Meiko Group to discuss its major investment project in the province.
The implementation of the One Commune One Product (OCOP) programme in Lac Son district has so far resulted in the enhanced values of products involved as well as the expansion of markets and consumption links.
In the evening of November the first, in Lac Son district, the Provincial People's Committee held the opening ceremony of the 2024 Highland Market in Hoa Binh province with the theme "Market – the Beauty of the highlands”. There was the attendance to press the opening button of the Market of Nguyen Phi Long, the alternate Member of the Party Central Committee, the Secretary of the Provincial Party Committee; Mr. Bui Duc Hinh, the Permanent Deputy Secretary of the Provincial Party Committee, the Chairman of the Provincial People's Council, Mr. Bui Van Khanh, the Deputy Secretary of the Provincial Party Committee, the Chairman of the Provincial People's Committee; and the other poeple from the Provincial Party Standing Committee; the leaders from the provincial People’s Committee, Vietnam Fatherland Front, the departments, branches and the People’s Committees of the districts and the city.
