(HBO) – Hoa Binh province posted 62.81 points, up 5.65 points from 2021, ranking 53rd among the 63 provinces and centrally-run cities in the Provincial Competitiveness Index (PCI), moving up nine places from 2021, showing the province’s great efforts in economic management, according to the PCI 2022 report.
Public servants process administrative
procedures for businesses, locals.
The annual PCI 2022 report was released by the Vietnam Chamber of Commerce and
Industry (VCCI). It was compiled basing on feedback from 11,872 businesses,
including 10,590 private firms and 1,282 foreign invested enterprises operating
in Vietnam.
Specifically, among the nine component indexes, the province earned 6.49 points
in entry costs; 6.62 points in land access; 4.80 points in transparency and
access to information; 6.83 points in time costs; 6.57 points in informal
charges; 6.01 points in policy bias; 6.97 points in proactivity of provincial leadership;
5.73 points in business support services; 5.58 points in labour and training;
and 6.91 points in legal institutions.
Of the total, upturn was seen in the scores of seven indexes compared to 2021
thanks to the province’s efforts in improving the local business environment
and creating favourable conditions for production and business facilities to
operate.
However, Hoa Binh saw decreases in two important indexes of transparency and
access to information and business support services. According to experts,
transparency and access to information is an important index, a measure of how
much time firms waste on bureaucratic compliance, as well as how often and for
how long firms must shut their operations down for inspections by local
regulatory agencies. Although the drop was slight, it reflects the local
business community’s low evaluation of the province’s performance.
Overall, Hoa Binh’s PCI results have shown the province’s progress in the
quality of administrative services and favourable land access. However, experts
held that in order to attract more investors, the province should work harder
to improve its policies to support local firms and creating a smooth, safe and
effective business environment.
According to the VCCI, 2023 will be a year with numerous challenges for the
domestic business community amid decline of demand in export markets, rising
costs and difficulties in capital access. It underlined the need to speed up
the improvement of the investment and business environment, along with faster
administrative reform and more favourable conditions for businesses to access
to information and reduced informal costs./.
Over recent years, the Farmers' Union of Mai Chau district has implemented numerous specific programmes and activities to support its members in developing products under the One Commune One (OCOP) programme. These efforts have contributed to enhancing local agricultural branding, increasing goods value, and improving incomes and living standards for residents.
Since 2022, the Hoa Binh Department of Education and Training has provided advice for the provincial People's Committee to issue Plan No. 219/KH-UBND on November 17, 2022, which outlines the implementation of a project titled "Enhancing the application of Information Technology (IT) and Digital Transformation in Education and Training for the 2022–2025 period, with a vision to 2030.” As of now, the local education sector has made significant progress in IT adoption and digital transformation.
Hoa Binh allocated over 30 trillion VND (nearly 1.18 billion USD) to develop infrastructure systems in ethnic minority and mountainous areas during 2019 - 2024. Priority was given to transport and irrigation infrastructure; markets; schools; medical stations; communal houses; and power grid, telecommunication, radio, and television systems.
The Hoa Binh provincial organising committee for anniversary activities on December 17 held a ceremony to unveil a ceramic mural on the local military-civilian ties and release a book on the Party and political work of the provincial armed forces during 1947 – 2024, in commemoration of the 80th anniversary of the Vietnam People’s Army (VPA) and 35th anniversary of the All-People Defence Festival.
In recent years, Hoa Binh has allocated significant resources to foster cooperative economy, helping ethnic minorities capitalise on their potential and advantages to escape poverty.
As a mountainous district still facing numerous challenges, Da Bac has made notable progress in advancing administrative reforms across various areas. The district has prioritised reorganising and streamlining its administrative apparatus, operating "one-stop-shop” units, and applying information technology (IT) in the handling of administrative procedures. Efforts have also been directed toward upgrading infrastructure and equipment to enhance service quality for residents and businesses.