(HBO) – Many workers have returned to local industrial parks in the northern province of Hoa Binh after enjoying a week-long Lunar New Year (Tet) holiday, making contributions to helping their companies realise the set production and business targets for the whole year 2020.
In
2019, besides robust business results, Midori Apparel Vietnam Co., Ltd (Luong
Son Industrial Park) worked to ensure social welfares for its labourers.
According
to the province’s management board of industrial parks, the province is housing
eight industrial parks, each spanning from 77-282 hectares and locating along
National Road No.6, Lang – Hoa Lac – Hoa Binh city road, and Ho Chi Minh road.
As of the end of 2019, the industrial parks had 95 valid projects, including 24
foreign direct investment projects with total registered capital of 499.75
million USD, and 75 domestic projects valued more than 7.27 trillion VND (312.9
million USD).
Most of the local firms have run smoothly, with 50 operational
projects that create jobs for 19,441 labourers.
Last year, enterprises at local industrial parks seen better revenues, export
value, and higher contributions to the state budget, as well as generate more
jobs as compared to 2018. They have observed regulations on planning,
construction, environmental protection and business and production.
Thanks to local efforts to improve the business climate and remove bottlenecks
for local firms, industrial parks in the province lured 15 new projects in
2019, equivalent to 187.5 percent of the yearly plan. Firms at the industrial parks
exported 633.17 million USD worth of products, contributed 180 billion VND to
the state budget, and created new jobs for 1,583 labourers, all surpassing the
set goals.
In 2019, the province gained nearly 37.4 trillion VND from industrial and
handicraft production, a year-on-year surge of 15 percent. Meanwhile, its export
revenue rose 24.48 percent to 791.9
million USD./.
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.
