(HBO) – The Hoa Binh province People’s Committee organised a meeting with local businesses and cooperatives on February 20. The event was attended by Secretary of the provincial Party Committee Bui Van Tinh, Permanent Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Tran Dang Ninh, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Nguyen Van Quang, and Chairman of the Vietnam Association of Small and Medium Enterprises Nguyen Van Than.

By the end of 2018, the province had 3,175 businesses, 275 cooperatives, and more than 625 representative offices and branches with a total registered capital of nearly 35 trillion VND. The province housed 531 projects, of which foreign investors poured 505 million USD in 38 ones and disbursed some 279 million USD. There were 27 operating projects at that time, generating a revenue of 460 million USD, contributing 92.9 billion VND to the local budget, and creating jobs for 17,500 local labourers. Meanwhile, domestic investors registered around 66.45 trillion VND in 493 projects, 239 of which had been put into operation.

Last year, local businesses and cooperatives contributed more than 1.91 trillion VND to the state budget.



Photo: Chairman of the provincial People’s Committee Nguyen Van Quang presents emulation flags to excellent firms in 2018.

 

 

On behalf of the provincial leaders, Secretary of the provincial Party Committee Bui Van Tinh wished the local business community a new year of good health, happiness and success.

Underlining opportunities and challenges for the investors as well as the province’s socio-economic development potential, Tinh asked competent agencies to carry out rational measures to better local business climate, and work to remove bottlenecks for the investors.

First and foremost, he called for support for the investors to implement projects that have already received investment plan certificates.

Also, he laid stress on the organisation of investment promotion conferences with businesses and strategic partners towards creating breakthroughs in local socio-economic development in 2019 and the following years.

On the occasion, the provincial People’s Committee presented 11 emulation flags, 42 certificates of merit to outstanding businesses and cooperatives. The committee also launched an emulation campaign among local business community under the theme of "Promoting solidarity and accelerating business and production to realise the province’s socio-economic development target in 2019”./.

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