(HBO) – The People’s Committee of Hoa Binh province gave in-principle approval to two domestic projects with total investment of 1.1 trillion VND, and adopted capital adjustment for two others in January 2022.
The locality is now home to 39 foreign-invested projects worth
616.4 million USD, and 617 domestic ones with total registered capital of 125
trillion VND.
Businesses operating in Hoa Binh have worked hard to resume production
activities in the direction of safe and flexibleadaptation. The
photo has been taken atAn Phuc Export Garment joint Stock Company in Yen
Thuy district.
In the month, Hoa Binh recorded 40 newly-established enterprises which
registered a total capital ofover 1.41 trillion VND.
The province also made amendments to business registration certificates for 283
companies. As many as 72 firms temporarily suspended production and business,
while 24 voluntarily dissolved, and four returned to the market.
The provincial Party Committee and People’s Committee have focused on directing
the implementation of measures to remove difficulties facing local businesses,
especially those specializing in industries that have been affected by the
COVID-19 pandemic.
Attention has been paid to improving the business and investment environment,
and the competitiveness of the locality in 2022./.
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.
