(HBO) - In 2019, Hoa Binh province has continued to intensify investment promotion activities, enhance coordination in handling administrative procedures and implement measures to improve the business environment and remove difficulties for enterprises and investors.
The Midori Apparel
Vietnam Ltd Co (at Luong Son industrial park) reported effective production and
business results, contributing to the province’s export value in 2019.
During the year, the province approved investment
proposals and granted investment licences to 59 projects, including four
foreign direct investment (FDI) projects with total registered capital of 24.5
million USD. The remaining 55 projects are invested by domestic investors, with
total registered capital of 3,982 billion VND. The number of projects was down
by one project, while the amount of capital was equivalent to 39 percent
compared to the same period last year.
At the same time, the province withdrew the
licences of 42 projects (6 FDI and 36 domestic ones).
On aggregate, Hoa Binh is home to 567 projects,
comprising 38 FDI projects with total capital of 568 million USD and 529
domestic projects valued at around 68,982 billion VND./.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.