(HBO) - According to a report of the provincial People’s Committee on developing enterprises, a total of 400 new enterprises were set up in Hoa Binh in 2019, with total registered capital of 4,500 billion VND. In comparison with last year, the number of new enterprises dropped by 4.8 percent but the amount of capital picked up 39.7 percent.
Besides, 54 firms applied to open branches and
representative offices in the province. The relevant agencies have amended and
supplemented 1,067 business licences.
The T&T
159 joint Stock Company invests in a workshop to process post-harvest
agricultural byproducts, contributing to enhancing the company’s production and
business performance.
During the year, many enterprises met with
difficulties in production and business. As a result, 29 firms were dissolved,
118 others temporarily suspended operation, and five had their business
licences revoked. Therefore, as of the end of 2019, Hoa Binh has an estimated
over 3,500 firms, with nearly 40,000 billion VND in total registered capital./.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
