(HBO) - Over the past years, the Party Committee and People’s Committee of Hoa Binh province have rolled out many solutions to support the private economic sector, contributing to the renewal process and socio-economic development in the locality.

SMA Vina Viet-Han Garment Import-Export Co. in Dan Chu ward, Hoa Binh city, has generated jobs for many local labourers.

Hoa Binh province has paid attention to improving the local business environment and removing barriers hindering the development of the private economic sector.

The provincial Party Committee and People’s Committee have instructed departments, agencies and localities to regularly review administrative procedures relating to investment, construction, land and business registration.

In addition, the local tax sector has maintained online tax declarations and payments and reduced overlapping inspections.

Local departments and agencies have frequently provided updates on administrative procedures at public administrative service centres, offices and websites, making it easier for organisations, individuals and businesses to access information.

Over the past five years, Hoa Binh attracted 284 projects with total registered capital of nearly 48 trillion VND (2.07 billion USD), including 17 foreign direct investment (FDI) projects worth 275.7 million USD.

Local industrial parks now accommodate 96 projects, with 25 FDI projects valued at 539.47 million USD and 71 domestic projects worth nearly 7.39 trillion VND. As many 60 projects have been put into operation, creating jobs for nearly 19,800 labourers.

There are 2,100 newly-registered firms with combined capital of 30 trillion VND and 34,000 household businesses. Hoa Binh province has encouraged eligible households to transform themselves into enterprises./.


Related Topics


Workers excited to return to work after Tet

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.

Sweet, fragrant red grapefruit of Tan Lac

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

Business association pledges support for local firms

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 focuses on rural transportation infrastructure development

Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.

Two products in Hoa Binh have been recognized as “National OCOP products”

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).

Bustling Tet market

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.