(HBO) – The Hoa Binh Business Association partnered with the Vietnam Chamber of Commerce and Industry (VCCI) and FAC Financial & Accounting Consultant Co., Ltd. to organize a training course on April 22 – 23 to update local enterprises on the Law on Support for Small- and Medium-sized Enterprises (SMEs).
Local enterprises are
provided with legal knowledge on taxation and updates on the Law on Support for
SMEs.
During the two-day course, enterprises
were provided with information on new taxation policies and instructed in how
to access the innovative startup fund. They were also guided in how to fix
errors in calculating value added, corporate income, personal income and
business licence taxes before preparing financial statements; and issues that
need attention during the settlement of taxes.
The second congress of the provincial
Business Association for the 2020 – 2025 term is set to promote its role in
supporting local firms in management personnel training, provision of legal
information; and increasing benefits for its members.
Last year, Hoa Binh climbed four places
to rank 44th out of 63 cities and provinces nationwide in Provincial
Competitiveness Index (PCI). The province has been applying the set of
competitiveness indexes and surveying local firms’ opinions about the local
business climate as part of the District and Department Competitiveness Index
(DDCI). The move is expected to create big breakthroughs in improving the province’s
business environment./.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
