(HBO) – During the 15 years of its development, the Hoa Binh Management Board of Industrial Parks (IPs) has boosted the state management of IPs, stepped up investment attraction, and developed industrial zones and sectors.
Head of the IP Management Board Chu Van Thang visits Hoa Binh Koyuseni Knitting
Co. Ltd, based in Da River Left Bank Industrial Park.
Over the last 15 years, the board’s apparatus
has been completed and its personnel quality improved, thus better fulfilling
political tasks and managing local IPs. The board has coordinated with the
provincial Department of Public Security and local administrations to guarantee
security - order and fire prevention and control for businesses based in the
local IPs.
In 2021, despite difficulties caused by the
COVID-19 pandemic, Hoa Binh met and surpassed IP development targets. In
particular, its IPs attracted eight investment projects with registered capital
totalling 6.5 million USD and 315.85 billion VND (13.6 million USD) and
recorded five others raising their capital by 4 million USD and 88.9 billion
VND (3.82 million USD).
Industrial production revenue and value recorded
by businesses in the local IPs were 13.9 percent and 11.2 percent higher than
the set targets; export turnover reached 690 million USD, up 7.8 percent from
2020 and 11.2 percent from the target; and 250 billion VND (10.76 million USD)
was contributed to the State budget, up 25 percent year on year and meeting the
target.
At present, the IPs in Hoa Binh are home to 104
projects, including 26 foreign direct investment (FDI) projects worth 514.78
million USD and 78 domestic direct investment ones with total capital of over
13.57 trillion VND (584.4 million USD).
IP-based businesses are playing an increasing
role in helping the province realise its socio-economic targets. Their export
revenue accounted for 56 percent while industrial production value made up
44.36 percent of the province’s total figures.
Besides, the management board has given advice
about a strategy for developing local IPs and industrial clusters by 2030 to
the provincial People’s Committee. It has worked with authorities to build and
submit some draft projects of the province, including those on IP development.
It has also submitted timely proposals on COVID-19 prevention and control to
the provincial administration so as to curb pandemic transmission and help
IP-based firms sustain operations.
With the achievements obtained over the last 15
years, the board’s officials and staff are exerting efforts to improve their
specialised capacity; work with relevant agencies to develop a fair, open, and
transparent business climate; create optimal conditions for enterprises to
operate fruitfully; assist investors to complete IP infrastructure; and tackle
site clearance obstacles to boost investment attraction, thereby helping to
successfully carry out the resolution of the 17th provincial Party Congress and
contributing to local development./.
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.
