(HBO) – Developing industrial parks and clusters to attract investment will greatly help create jobs, raise income for workers, guarantee social security, and boost socio-economic development. Mindful of this, the Hoa Binh provincial Party Committee and People’s Committee have paid great attention to the issue. The province is striving to expand the area of industrial parks and clusters to about 1% of its total area - a target set in the resolution of the 17th provincial Party Congress.
Technical infrastructure of the Tien Tien industrial cluster
in Quang Tien commune, Hoa Binh city, has been developed rather comprehensively
and attracted secondary investors.
According to the initial planning, Hoa Binh
province would have eight industrial parks with a total area of over 1,500ha.
Basing on demand and implementing the 17th provincial Party Congress’s
resolution, the provincial People’s Committee ordered a survey be conducted in
some localities with investment attraction potential. Authorities have agreed
to add four industrial parks covering 1,493ha in Yen Thuy, Lac Son, and Da Bac
districts to the provincial planning for 2021 - 2030, with a vision to 2050.
That has raised the number of planned industrial
parks in Hoa Binh province to 12 with a total area of about 3,000ha. Besides,
21 industrial clusters covering 866,605ha have also been planned.
To boost technical infrastructure development
and the occupancy in industrial parks and clusters, the provincial People’s
Committee set up a steering board for infrastructure development in those
zones. This board has held quarterly or sporadic meetings to devise solutions
to difficulties facing infrastructure and secondary projects in industrial
parks and clusters.
As of August 2022, nearly 1.25 trillion VND
(50.2 million USD) was spent on developing industrial park infrastructure,
including 227.8 billion VND from the central budget, 354.1 billion VND from the
local budget, and 667 billion VND from investors.
Local industrial parks attracted 104 projects,
including 26 FDI ones worth 514.8 million USD (respectively accounting for
66.7% and 83.5% of the total in Hoa Binh) and 78 domestic ones worth nearly
13.6 trillion VND.
In 2021, businesses based in industrial parks
earned nearly 18.19 trillion VND in revenue and 690 million USD from exports,
equivalent to 44.36% of the province’s total industrial production value and
56.6% of the total overseas shipments, while contributing 250 billion VND to
the State budget.
In the first nine months of 2022, they raked in
about 15.4 trillion VND from production and business activities, up 24% year on
year, and created jobs for some 20,100 people.
From 2014 to 2022, local industrial clusters
attracted 25 investment projects, raising the total to 28 with combined capital
of almost 2.6 trillion VND. This year, they provided jobs for about 1,300
people and generated an estimated industrial production value of 1.7 trillion
VND./.
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.
