(HBO) – Hoa Binh has seen positive changes in investment attraction and implementation of investment projects, which contributed to provincial socio-economic development. However, many difficulties and obstacles still remain, with many projects delayed. Specifically, as many as 284 investment projects have been behind schedule, of which 211 projects are implementing land procedures (98 projects are being delayed). Most of those projects have encountered problems in the process of compensation and site clearance.
The project to upgrade provincial road
435 is one of the key investment projects funded by the state budget that is
prioritized for implementation.
In order to speed up the implementation of projects, the provincial People's
Committee has directed the promulgation of regulations on procedures related to
investment projects funded by non-state capital as a basis for State management
agencies to unify the steps of implementation. Regulations on coordination
among departments, agencies, People's Committees of districts and cities and
investors are also issued for the implementation of projects using land
acquired through transferring or leasing land use rights or capital
contribution by land use rights in the province. The province continues to
review and promptly handle overdue projects.
The province also strengthens inspection
and supervision of administrative work, especially in simplifying
administrative procedures, promoting IT application, providing online public
services, to create the best possible conditions for people and businesses. At
the same time, Yen Bai strives to well implement preferential policies for
businesses to support them in restoring and expanding production and business
activities amid the COVID-19 pandemic.
In order to promote infrastructure investment, thus creating a driving force
for socio-economic development and developing regional linkages, the provincial
People's Committee has instructed giving priority in capital allocation to
large projects and completing the assignment of annual capital plans at the
beginning of the year so that projects can be promptly implemented. The
province also accelerates the disbursement of public investment capital to
promote production and business, create jobs for local people, and ensure
social security.
In particular, in order to implement effectively and on schedule projects using
capital inside and outside the state budget, the standing board of the
provincial Party Committee has required administrations at all levels and
agencies to focus on planning work, especially land use planning, in the
2021-2025 period, while continuing to selectively attract investment projects,
and at the same time terminating projects that are behind schedule or not
implemented./.
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.
