(HBO) – Leaders of Hoa Binh province met with Japanese investors on July 10 to discuss cooperation opportunities in various fields, including agriculture and tourism in the locality.
Speaking at the meeting, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, expressed his pleasure to welcome Japanese businesses to invest in the province.
Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, speaks at the meeting.
He informed the guests of potentials, advantages and development orientation of the province and noted that Hoa Binh has advantages in developing agriculture, urban areas, services.
The official added that the province is focusing on implementing key traffic projects such as expanding Hoa Lac - Hoa Binh city road, regional linking road, Hoa Binh - Moc Chau expressway project; promoting administrative reform; and improving the business environment.
Steve Bui, Chairman of Denta Japan Company and Chairman of Steve Bui Foundation and Friends Fund, said that Japanese businesses are interested in investment cooperation in the fields of agriculture and tourism.
He expressed his hope that Hoa Binh will be a safe and effective destination for Japanese businesses, and wished that the province will create favourable conditions for enterprises to research and implement production and business projects, making positive contributions to socio-economic development of the province.
Representatives of Japanese businesses at the meeting said they will explore and research fields of agricultural processing and tourism, organise practical activities to celebrate the 50th anniversary of Vietnam-Japan relations, and strengthen connectivity and cooperation to introduce potential, policies and investment environment between Hoa Binh and Japan’s localities.
The two sides also discussed ways to boost investment cooperation opportunities with a focus on agriculture and tourism such as golf courses, planting and processing agricultural products, and mustard processing, among others./.
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.
