(HBO) – Five investment projects in Hoa Binh province have received approval from the start of the year, with a combined registered capital of 2.96 trillion VND (127.46 million USD).
Lac Son branch of Sankoh Company Limited bolsters production and operation, creating jobs with stable incomes for local workers.
In February alone, the province approved
four domestic investment projects with a combined registered capital worth 2.56
trillion VND.
The People’s Committee of Hoa Binh province
ordered leaders of local departments and sectors to continue improving the business
climate to attract investors, especially strategic ones, in the first two
months, in an effort to raise the province’s investment attraction.
Agencies were also asked to remove
bottlenecks for local businesses.
At present, Hoa Binh is home to 573
projects, including 39 foreign and 534 domestic with a combined capital of
573.2 million USD and 71.25 trillion VND, respectively./.
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.
