(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./.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
