Hoa Binh city improves business climate

11/26/2020 - 3:58:11 PM

(HBO) - Hoa Binh City has so far attracted 14 direct foreign investment (FDI) and 160 domestic-funded projects worth over 276.8 million USD and 27.64 trillion VND (1.19 billion USD), respectively. Of the total, there are 72 projects in industry, 17 in tourism, 41 in service and trade, 16 in infrastructure – urban development, and eight in ore mining.

SMA VINA Viet-Han Garment Import Export JSC based in Hoa Binh City’s Dan Chu ward creates stable-income jobs for locals.

For a clear and transparent business climate, the municipal Party Committee and People’s Committee has focused on urban planning, administrative reform, and digital government building.

The second congress of the municipal Party organization, for the 2020-2025 tenure, targeted turning the city into a 2^nd level urban area prior to 2025. As such, priorities for actions have been set to include attracting investment from capable investors, speeding up the completion of industrial infrastructure, creating favourable conditions for business growth, and streamlining administrative procedures.

The city is also working to increase the occupation rates of Yen Mong, Cham Mat – Dan Chu, and Tien Tien industrial clusters to 80, 100, and 50 percent, respectively./.

Cao Phong District has been promoting the collective economic development among youth

Recently, the Standing Committee of Cao Phong District’s Youth Communist Union has actively directed the effective implementation of the models of collective economic development among youth, promoting the start-up movement among the youth, and helping each other develop the economy to get rich in their homeland.

Hoa Binh promotes goat farming

Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.

Hoa Binh leverages “golden time” to boost trade, tourism

The year-end is considered a "golden time" to stimulate trade and tourism. Various activities have been organised to seize positive market signals, enhance product branding, and drive socio-economic growth.

Hoa Binh province has over 870 hectares of tea plantations

Hoa Binh Province currently has over 870 hectares of tea plantations, with six districts having concentrated tea production areas that boast advantages in soil, climate, history, and distinctive tea varieties: Yen Thuy, Lac Thuy, Da Bac, Mai Chau, Tan Lac, and Luong Son.

The average occupancy rate of industrial parks of Hoa Binh province reached 31.25%

Recently, Hoa Binh province has continued to review the planning of industrial parks up to 2030 and implemented procedures to prepare subdivision plans for industrial parks as per regulations.