(HBO) - Since the beginning of this year, the People’s Committee of Hoa Binh province has directed relevant agencies and People’s Committees of districts to continue promoting investment promotion activities. The coordination in handling administrative procedures, implementing solutions to improve the business environment and removing difficulties for businesses and investors have also been sped up at the same time.
Overcoming
difficulties caused by the impact of the COVID-19 pandemic, R Technical
research Vietnam Co. Ltd, locating in the Da River Left Bank Industrial Park in
Hoa Binh City, has stable production and trading, with export value reaching
about 5 million USD in the first six months of this year.
As many as 260 news businesses were set up with a combined registered capital
of 6.4 trillion VND (282 million USD) in the first six months of this year. The
number of new firms represented a year-on-year increase of 9.3 percent while
the amount of capital surged 24.4 percent.
There are 70 enterprises registered branches and representative offices;
granting changes and supplements to business registration certificates for 750
enterprises. Meanwhile, 115 firms registered to suspend production and business activities,
40 enterprises voluntarily dissolved and 120 businesses resumed operation. In
addition, the arrangement of the business reform continued to be implemented as
planned./.
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.
