(HBO) - In the first six months of the year, Hoa Binh authorities approved 12 investment projects, including 11 domestic ones with a combined registered capital of 252.39 billion VND (10.96 million USD) and one foreign direct investment project worth 6.5 million USD. Meanwhile, one project was terminated.

 

 Easing difficulties brought by COVID-19, Antona JSC at Luong Son industrial park, which specialises in children’s toys, has maintained production and created stable jobs for workers.

The province now has 607 projects, of which 42 are FDI ones of 602 million USD, and the rest are domestic projects worth about 87.65 trillion VND. 

Local IPs are home to 102 approved projects, comprising of 27 FDI projects worth 527.35 million USD in and 75 domestic ones of more than 10.83 trillion VND. 

To improve business and investment climate, the Hoa Binh People’s Committee has ordered stepping up communications and information provision online in the latter half of the year, in an effort to attract investment in the province; and support for local firms in joining investment and trade promotions, along with revoking stagnant projects to attract potential investors. 

Relevant agencies are also asked to keep a close eye on firms’ operations in a bid to promptly address bottlenecks, especially for those who are hardest-hit by COVID-19./. 


Related Topics


Farmer becomes better-off thanks to raising bamboo rats

After several unsuccessful attempts to raise pigs, buffaloes and cows, Nguyen Hong Minh who resides in Mui hamlet, Hoa Binh city’s Doc Lap commune decided to try breeding bamboo rat.

Hoa Binh creates best business environment for local firms

Chairman of the Hoa Binh People’s Committee Bui Van Khanh on February 2 held a Lunar New Year meeting with businesses, investors and cooperation in the locality. The event drew Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Bui Duc Hinh; Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong; representatives from the Vietnam Association of Small and Medium-Sized Enterprises and the Vietnam Association of Young Entrepreneurs; as well as leaders of local departments, sectors and localities and 200 local businesses, cooperatives and investors in the locality.

Hoa Binh works on boosting agricultural exports

Following the successes achieved in 2023, the local agricultural and rural development sector, localities and cooperatives are gearing up for first orders of the year, as part of their efforts to boost agricultural exports.

Enterprises resume operation after Tet holiday

Most workers at enterprises in the northern province of Hoa Binh have turned to work just one week after the Tet (Lunar New Year) holiday.

Hoa Binh ensures stable power supply for local production

The Hoa Binh Power Corporation (PC Hoa Binh) has directed its units to build plans as well as arrange resources to ensure stable electricity for local winter-spring crop production.

Exporting 40 tons of Bat Bao lotus porridge to Japan

On February 28, the Department of Agriculture and Rural Development of Hoa Binh province coordinated with Minh Trung Vietnam Group joint Stock Company, Hoa Binh branch in Luong Son industrial park, Luong Son district organized a ceremony to export Bat Bao lotus porridge to the Japanese.