(HBO) - In 2019, enterprises in Hoa Binh province faced a lot of difficulties, although their operations showed progress. To date, the province has had 3,575 enterprises and 645 branches and representative offices, with a total registered capital of nearly 35 trillion VND. Of the total, there are 2,931 operating enterprises.
The
garment factory of Sungilgina Import-Export Co., Ltd. based in Thanh Hoi
commune, Tan Lac district creates jobs for 400 labourers.
In 2019, there were 416 new business
households, bringing the total to over 37,000 by the end of 2019. By late 2019,
the province had 570 projects, including 39 FDI ones which had a combined
investment of 573.2 million USD and registered land use of 425 hectares, and
531 domestic ones that had a total investment of 69.3 trillion VND and
registered land use of over 37,500 hectares.
Last year, there were 400 newly-registered
enterprises and 234 new branches and representative offices, with a total
capital of nearly 8.5 trillion VND, down 12 percent in number and up 25.4
percent in capital compared with those of 2018. Last year, the province
withdrew registration certificates of 43 businesses and 68 affiliated units,
while 127 suspended operation, 102 registered to resume activities, and 29
dissolved voluntarily.
This year, Hoa Binh set targets of having
500 new enterprises and 50 new cooperatives, and the number of enterprises and
cooperatives operating effectively increasing by 200 percent compared to that
of 2015.
To that end, the provincial Party Committee
and People’s Committee focus on directing departments, sectors and local
authorities to improve the business environment and regularly organise
dialogues to help businesses and investors solve difficulties.
Attention will be paid to stepping up
administrative reform, with the focus on renovating administrative procedures,
reducing the duration of granting business and cooperative registration
certificates, and market entry procedures.
The province will also take measures to
encourage and support the establishment and development of businesses, while
intensifying investment in infrastructure construction, stepping up the
disbursement of investment in projects and programmes using State budget and
Government bonds, and national target programmes, thus contributing to
increasing the consumption of construction materials in the locality.
Businesses and cooperatives are required to
boost restructuring; improve their business governance to well manage
production, business and product consumption phases; and support each other
during the operation process to reduce business costs.
They are asked to obey legal regulations
and strive to fulfil the 16th provincial Party Congress’s resolution
of doubling the number of well-performing enterprises and cooperatives./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.