(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./.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
