Hoa Binh province has 262 new firms in 10 months

12/4/2020 - 3:14:53 PM

(HBO) - (HBO) – Hoa Binh province had 262 freshly-established businesses with registered capital totaling more than 8.9 trillion VND (384.37 million USD) during January-October. In October alone, there were 38 new enterprises registering 350.5 billion VND for their operation. In the month, 18 companies registered to halt operation while three voluntarily left the market.

JAENEUNG trade and service Co.,Ltd in Thong Nhat ward, Hoa Binh city, promotes production and works to create stable jobs for local labourers.

The province agreed in principle for the establishment of four domestic investment projects valued at more than 1.4 trillion VND, and decided to stop operation of two others in October. In the 10-month period, local authorities approved investment policy decisions for 38 projects, 36 of which worth nearly 16.83 trillion VND are invested in by domestic firms, and the rest valued at 3.6 million USD are invested in by foreign businesses.

To date, the province is home to 590 projects, including 41 FDI projects worth 587.6 million USD, and 549 domestic projects valued some 87.1 trillion VND./.

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.