Hoa Binh’s provincial competitiveness index improves

5/18/2020 - 10:59:09 AM

(HBO) - After many years standing at low positions in the provincial competitiveness index (PCI) rankings, Hoa Binh jumped to the mid-high group with 63.84 points, 2 points higher than that of 2018.

Hoa Binh 2 Bridge project expected to help boost socio-economic development and tourism attraction once put into operation.

Hoa Binh always strives to improve the quality of economic governance and administrative reform at all levels, creating a more favourable and friendly business environment for businesses. Therefore, right from the first working day of 2019, the provincial People's Committee issued a plan to continue implementing main tasks and solutions to improve the business environment and the provincial competitiveness in 2019 with a vision to 2021.

The plan set a specific target of increasing the PCI by 2-5 points against that of 2018. To turn the policy into action, the chairman of the provincial People’s Committee assigned tasks for each department, sector and People’s Committees of Hoa Binh city and districts. He also allocated Vice Chairpersons of the provincial People’s Committee to be responsible for each index and regularly direct assigned units to fulfill set targets.

The provincial People's Committee requested restructuring and improving the efficiency of production and business of State-owned enterprises (SOEs), and conducting equitisation and divestment of State capital as planned in order to create a breakthrough in the restructuring of the SOEs.

It also required the effective enforcement of the Law on Support for Small- and Medium-sized Enterprises as well as efficient support for startups, while asking departments and sectors to continue simplifying administrative procedures to create favourable conditions for businesses and investors, and ensure equality, openness and transparency. As a result, 47 administrative procedures in 11 aspects were revised and simplified, while nine others were removed.

The provincial Party Committee and People's Committee also actively coordinated with ministries, central sectors and investors to speed up the construction in tje transport infrastructure projects such as Road 435, Hoa Binh 3 Bridge and Hoa Binh 2 Bridge, and make preparations for the building of the Hoa Binh City – Moc Chau Expressway and several other key routes to serve investment attraction./.

PM attends groundbreaking ceremony for electronic PCB factory in Hoa Binh

Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.

In the first quarter, the total capital of the credit institutions was estimated at 40,128 billion VND

In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.

Lac Son - attractive destination for investors

Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.

Hoa Binh accelerating disbursement of ODA, foreign concessional loans

In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.

The man who promotes Kim Boi district’s fruit brand

Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.

Q1 disbursement of public investment funds reach 15% of yearly plan

The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.