(HBO) - In the first three months of 2022, the Party Committee and People's Committee of Hoa Binh province directed relevant departments, sectors and People's Committees of districts and Hoa Binh city to continue stepping up investment promotion activities, strengthening coordination in handling administrative procedures, implementing solutions to improve the business environment and removing difficulties for enterprises and investors.
Photo: Antona joint Stock Company (Luong Son Industrial
Park) specialising in manufacturing technical equipment and child toys has gone
into stable production, helping to create jobs for local workers.
In Q1, the province saw 130 newly-established enterprises
with a total registered capital of about 3.3 trillion VND (143.88 million USD);
equal to the number registered in the same period last year, but up 2.5 percent
in capital.
There were 35 enterprises registering new branches and
representative offices; and 230 others changing or supplementing the content of
business registration certificates. However, during the period, 95 firms
registered to suspend production and business activities and 10 others
voluntarily dissolved.
Also in this period, the province approved investment plans
for 17 domestic projects with a total registered capital of over 6.14 trillion
VND, 8.5-fold and 114-fold rises compared to the same period last year,
respectively./.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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