(HBO) - In the first six months of the year, Hoa Binh authorities approved 12 investment projects, including 11 domestic ones with a combined registered capital of 252.39 billion VND (10.96 million USD) and one foreign direct investment project worth 6.5 million USD. Meanwhile, one project was terminated.
Easing difficulties brought by COVID-19, Antona JSC at Luong Son industrial park, which specialises in children’s toys, has maintained production and created stable jobs for workers.
The province now has 607 projects, of which 42 are FDI ones of 602 million USD, and the rest are domestic projects worth about 87.65 trillion VND.
Local IPs are home to 102 approved projects, comprising of 27 FDI projects worth 527.35 million USD in and 75 domestic ones of more than 10.83 trillion VND.
To improve business and investment climate, the Hoa Binh People’s Committee has ordered stepping up communications and information provision online in the latter half of the year, in an effort to attract investment in the province; and support for local firms in joining investment and trade promotions, along with revoking stagnant projects to attract potential investors.
Relevant agencies are also asked to keep a close eye on firms’ operations in a bid to promptly address bottlenecks, especially for those who are hardest-hit by COVID-19./.
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.
