(HBO) - With the consistent stance of accompanying the development of investors, Hoa Binh province is implementing specific measures to improve the business environment, and provide practical support for enterprises and investors in researching and carrying out investment projects in the fields of eco-tourism, agriculture and industry associated with urban development.
Over the past years, Hoa Lac - Hoa Binh road has made an important contribution
to the province’s investment attraction.
The province has drastically directed many
solutions to improve the business environment, with focus on administrative
reform to increase the validity and effectiveness of the State management
apparatus; paid attention to building an administration which always
accompanies enterprises in order to maximise resources for investment in
development; and actively worked with ministries, sectors and agencies to take
advantage of their support in investment-related mechanisms and policies.
In addition, Hoa Binh has directed to cut 30% of
the time to handle administrative procedures and improve the role of the Centre
for Trade, Investment and Tourism Promotion. It has regularly met and held
dialogue with investors to help them remove difficulties and obstacles in
implementing projects; strengthened inspection and supervision and strict handled
any cases that cause troubles and harassment in the implementation of
administrative procedures related to enterprises and investors towards the goal
of creating substantive changes in the business environment. The province has
directed to review and revoke slow-progress projects to attract competent
investors that are suitable to the province's investment attraction criteria;
and prioritised investment in fields and areas to serve socio-economic
development.
With its potential and advantages and efforts by
local authorities to support investors, the province has seen great progress in
investment attraction. In 2022, Hoa Binh approved the investment of 75 domestic
projects with a total registered capital of about 35 trillion VND (1.47 billion
USD). Compared to the previous year, the number of licensed projects increased
by 31 projects, and the capital was equal to 102.2%.
To date, the province has attracted 729
projects, of which there are 37 foreign-invested ones totaling 608 million USD,
and 692 domestic ones totalling about 183 trillion VND. Local industrial zones
currently have 105 licensed investment projects, including 25 foreign-invested
ones with a total registered capital of 518.9 million USD, and 80 domestic ones
totaling nearly 14 trillion VND./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
