(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./.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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