(HBO) – After over eight years of development, Da Hop Trading joint Stock Company has gained a firm foothold in Hoa Binh city, the capital of Hoa Binh province, and in the province at large.
In 2011, the company started construction of An Cu Xanh
residential area, which later became an example of effective investment. The
2.8-hectare residential area is located in Huu Nghi Ward, Hoa Binh City. It has
been constructed with a total investment of over 38 billion VND.
An
Cu Xanh residential area is invested by Da Hop Trading JSC
The company has also invested in a number of other projects in Hoa
Binh city, including two social housing projects for workers, a chain of kindergartens
under the name Hoa Da Hop that meets international standards. It has invited foreign
investment into the Da River Left-bank Industrial Park and built a water plant
on the left bank of Da River.
The company has been striving to employ the safest, most feasible
and effective business plans to ensure its obligations to the State and welfare
for its employees; and at the same time maintain good profit to develop
sustainably.
Last year, the firm earned nearly 100 billion VND in revenue, an
increase of 209 percent from 2016. It contributed more than 5.2 billion VND to
the state budget, while its workers’ wage averaged 6 million VND per person per
month.
The company’s good performance has contributed remarkably to the
socio-economic development of the province./.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.