(HBO) - The Party Committee and People’s Committee of the northwestern province of Hoa Binh have over the years strived to improve investment and business climate in a clear and transparent manner, and revised administrative procedures in investment, construction, land use and business registration for investment attraction.
The Vietnam Fragrances Company based at the
Luong Son Industrial Park (IP) in Hoa Binh specialises in toothpick exports to
India, which raises the province’s export values.
The province has drawn
211 investment projects since 2017, including 17 foreign-invested ones.
At present, there are 580 projects in Hoa Binh, of which 540 are domestic with
registered capital totaling over 84.74 trillion VND (3.67 billion USD) and 40
FDI projects worth 575.4 million USD.
The province’s IPs
currently house 95 licensed projects, comprising of 24 foreign-invested of
499.85 million USD and 71 domestic worth nearly 7.27 trillion VND.
As many as 55 projects
have come on stream, creating stable jobs for approximately 20,000 workers./.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.