(HBO) – In 2018, the northwestern province of Hoa Binh had 450 new enterprises, with total registered capital worth 7.5 trillion VND (323 million USD). Besides, 24 firms dissolved and 150 others halted their operations in the year.
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Son Thuy joint Stock Company in Denh village, Dan Hoa commune
(Ky Son district, which specialises in manufacturing and trading wooden
products, contributes 20 billion VND to the State budget in 2018.
Hoa Binh province is now home
to about 2,800 businesses, with registered capital totalling 36 trillion VND (1.55
billion USD). As many as 546 investment projects do not use the State budget, including
38 foreign direct investment (FDI) projects worth 702 million USD and 508
domestically invested ones capitalised at 67 trillion VND (2.88 billion USD).
Projects already are in
operation accounts for nearly 50 percent, contributing 440 billion VND (18.95
billion USD) annually to the State budget and creating stable jobs for about
28,100 workers.
In 2018, the province’s
economy was estimated to grow 8.36 percent, ranking second in the northwestern
region, fourth in the northern mountainous and midland region, and 19th across
Vietnam./.
(HBO) – With 10 projects and 36 subprojects, Hoa Binh's project on socio-economic development in ethnic and mountainous areas programme for 2021-2025 has significantly contributed to boosting economic growth, helping reduce poverty sustainably among ethnic people in the province.
(HBO) – The Thai Binh Tourism Co. Ltd, an affiliate of Pacific Group, held a ceremony in Phu Nghia commune, Lac Thuy district, Hoa Binh province, to start the construction of works in Hoa Binh section of the Huong Binh cable line project.
(HBO) - On May 26, Mr. Quach Tat Liem, the Vice Chairman of the Provincial People's Committee and the leaders from a number of departments and branches worked with the delegation of European Union in Vietnam, led by Mr. Mario Ronconi, the Director General in charge of South Asia - Southeast Asia at the Asia - Pacific - Middle East Department under the General Department of International Partnership as the head of the delegation, to introduce and discuss the potentials and strengths of the locality as well as the cooperation opportunities between Hoa Binh and European Union.
(HBO) - The Department of Economic Cooperation and Rural Development under the Ministry of Agriculture and Rural Development, Hoa Binh province’s Department of Agriculture and Rural Development, the People's Committees of Lac Son and Yen Thuy districts, and Fusa Organic Agriculture joint Stock Company on May 20 signed a strategic cooperation agreement on implementing a pilot project to build a material area of agricultural and forestry products that meet standards for domestic consumption and export in Hoa Binh province in the 2022 – 2025 period.
(HBO) - In recent years, farmers in Ngo Luong commune, Tan Lac district, have focused on raising animals native to the land, hence the formation of products imbued with the local identity, serving the future growth of tourism.
(HBO) – Over the years, the Hoa Binh Cooperative Alliance have rolled out various measures to support local cooperatives to develop farm produce production and selling chains, thus promoting the economic transition process, creating jobs and improving income for local farmers.