(HBO) - Since the beginning of the year, the COVID-19 pandemic has partly caused remarkable decreases in the number of projects as well as the amount of registered investment capital in Hoa Binh province.
In May, the province approved the investment plan for a
domestically-invested project with a capital of about 20 billion VND, and
adjusted investment plans for two others. In the first five months of this
year, the province approved investment plans for four domestically-invested
projects, with a total capital of 113.5 billion VND. The province now has 599
investment projects, of which 41 are foreign-invested totalling 595.5 million
USD and 558 are domestic ones worth 87.5 trillion VND.
R Technical Research Co., Ltd in Da River Left-bank
Industrial Park works on dual targets of pandemic prevention and control and
economic development and recovery.
Also in May, there were 53 newly-established businesses with
a combined registered capital of 1.14 trillion VND, 15 businesses registering
to suspend production and business activities, and five dissolving voluntarily.
In the month, the province also granted additional or changed contents of
registration licences to 114 businesses.
The provincial People’s Committee has closely directed
departments, districts and Hoa Binh city to get updated on difficulties and
aspirations of enterprises, support and guide them to overcome these
difficulties./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.