(HBO) – In the 2022 Provincial Competitiveness Index (PCI) announced by the Vietnam Chamber of Commerce and Industry (VCCI) in early April, Hoa Binh ranked 53rd out of the country's 63 provinces and cities with a total score of 62.81 points, up 9 places compared to 2021. This result reflected efforts of the whole political system in reforming administrative procedures and improving the local business investment environment.
The Resolution of the 17th provincial Party Congress for the
2020 – 2025 term set a target of increasing 3 places each year on the PCI
rankings. It defined administrative reform and improvement of the business and
investment environment is one of strategic breakthroughs in order to
successfully implement the province's socio-economic development targets for
the 2020 – 2025 period. However, in 2021 - the first year implementing the
Resolution, the province fell to the 62nd place out of the 63 provinces and
cities in the PCI rankings and was in the underrated group.
Therefore, many concerted solutions have been drastically
implemented by the province. The whole political system has got involved with
the determination to build an open, transparent and attractive business
environment. The provincial People's Committee has supplemented many mechanisms
and policies to improve the business and investment environment, and create
favourable conditions and equality for all economic sectors to develop. At the
same time, it has built specific mechanisms and policies to encourage
enterprises to invest in agriculture and rural areas, support linkages in
production and consumption, and assist innovation and start-ups.
In addition, efforts have been made to simplify
administrative procedures, promote the application of information technology in
handling administrative procedures, and improve the satisfaction of
organisations and individuals.
These solutions have created trust in the business community.
As a result, in the 2022 PCI index, the province saw seven out of nine
component indexes reporting increases compared to those of 2021.
However, the provincial People’s Committee, departments and
agencies all agreed that it cannot be satisfied, because the province's PCI is
still at the bottom. Therefore, in order to fulfill socio-economic development
targets for 2023, there is a need for persistence and decisiveness in the
process of improving the competitiveness index as well as the business and investment
environment of the province. In particular, carrying out solutions to promote
production and business and ensure a safe policy environment for enterprises to
develop is considered as one of the key tasks in the coming time./.
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.
alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.
The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.
