Continuing its agenda in Germany, a delegation from Hoa Binh province, led by Permanent Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Bui Duc Hinh, engaged in various investment promotion activities in Frankfurt on June 21.
Permanent
Vice Secretary of the provincial Party Committee and Chairman of the provincial
People’s Council Bui Duc Hinh and members of the delegation present a souvenir
to the Vietnamese Consulate General in Frankfurt.
During a working session with the Vietnamese Consulate General in Frankfurt,
Hinh said it is a great opportunity for Hoa Binh to introduce its potential,
advantages, majestic natural landscapes, unique cultural identity, and pristine
environment as key attractions for sightseeing and business opportunities.
He expressed a desire for the Consulate General's support in
establishing cooperative relationships with German firms and investors, calling
for investments in diverse sectors such as industry, tourism, healthcare,
education, and high-tech agriculture.
Vietnamese Consul General in Frankfurt Luu Xuan Dong expressed
readiness to assist the province in promotional activities and investment
facilitation, and showcasing potential strengths and key products to German
businesses and investors. He also vowed to connect investors suitable with the
province's potential for future collaboration.
The same day, the delegation engaged in discussions with the
Frankfurt Chamber of Commerce and Industry (IHK), manufacturing companies
specialising in mechanical products and environmental treatment.
The IHK affirmed willingness to serve as a bridge to introduce,
popularise and facilitate investment exchanges between German businesses and
Vietnamese localities, especially in fields of Germany's strengths such as
renewable energy, quality tourism, processing industry, high-tech agriculture,
and quality human resources training.
On the occasion, the delegation also explored practical
processes for waste collection, treatment, recycling, energy solutions, and
organic waste management at Aqseptence Technology Group. They gained insights
into laser technology, artificial intelligence, mobility solutions, and sensors
at Precitec company, and conducted market research on trade and tourism in
Frankfurt.
Being located more than 10 km from the center of Hoa Binh city, Sen Vang Organic Farm is in Dong Chua hamlet, Thong Nhat ward. This is an ideal destination for those who want to immerse themselves in the nature and find the peace after the hustle and bustle of life. With an area of over 60 hectares, the farm is systematically planned, harmoniously combining the wild natural landscape and diverse experience areas. Sen Vang chrysanthemum tea is produced from organic, completely natural ingredients.
In 2024, Hoa Binh province witnessed signs of economic recovery, particularly in investment attraction. Notably, several projects are showing good progress, indicating that the vitality of businesses is positively correlated with the overall economic recovery.
The 25th Party congress of the Lac Thuy district for the 2020-2025 term identified the development of industry, trade, and services as its top priorities to drive the shift of the economic structure towards increasing the proportion of industry and services while reducing the that of agriculture, thus contributing to creating a motivation for socio-economic development in the locality.
Hoa Binh HKK Knitting Co. Ltd., located in the Hoa Binh Left Bank Industrial Zone, employs nearly 500 local workers with an average monthly salary of 8 million VND (3,150 USD).
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.
