Bright signals seen in business environment improvement

4/18/2019 - 5:47:52 PM

HBO - In the years of 2016 and 2017, Hoa Binh ranked 52nd out of the 63 localities in provincial competitiveness index (PCI). The respective points in 2016 and 2017 were 56.8 and 59.42. According to statistics by the Vietnam Chamber of Commerce and Industry, in 2018, the province posted 61.73 points, rising to the 48th position out of 63 cities and provinces, four positions higher than that of 2017.

The improvement in the PCI ranking is resulted from the drastic leadership and direction of the provincial Party Committee, People’s Committee as well as comprehensive measures in the field.

In 2018, the province issued a decision assigning provincial leaders to direct key projects and deal with obstacles in the process of implementing the projects in order for them to become operational soon. In its plan to improve the business environment and competitiveness, the province tasks agencies to monitor and improve component indexes of the PCI. The People’s Committee of the province has issued a dispatch on the implementation of a number of solutions to raise unofficial indexes.

Thanks to the favourable conditions in land, Vinh Ha company has focused on building residential areas at Dong Tien ward of Hoa Binh city

All difficulties and obstacles facing investors and businesses have been settled by the local administration through dialogues and direct working sessions with each enterprise. The provincial People’s Committee has directed the reviewing and announcing of the list of newly-issued administrative procedures as well as revised and supplemented ones, along with cancelled procedures in investment, land use, construction and business operations by departments, agencies and the People’s Committees of district and cities. Hoa Binh has made public administrative procedures, planning and development plans of the province.

The provincial Party Committee and People’s Committee have directed the arrangement and completion of administrative agencies, enhancing the operational quality and efficiency of the public administrative centre and trade, investment and tourism centre.

Meanwhile, the province has modernized its administrative system, while building the e-government. It has applied a software to monitor and supervise professional agencies during their operations.

In 2018, the province saw 57 projects licensed, including 54 domestically funded worth 13.44 trillion VND and three foreign invested with a combined registered capital of 200.24 million USD./.

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