(HBO) – In the first nine months of this year, Hoa Binh approved the investment plans and granted licences to 45 domestically-invested projects with combined capital of over 31.48 trillion VND (1.31 billion USD), representing a rise of 30 projects and 129.4% in value compared to the same period last year.
GGS Vietnam Co., Ltd in the Da River Left Bank
Industrial Park in Hoa Binh city has created stable jobs for hundreds of local
labourers.
In the period, the province issued the decisions to end the operation of three
projects and halt another, while adjusting the investment plans of 12
projects.
To date, Hoa Binh is home to 705 operating projects, including 37
foreign-invested ones with total capital of about 600 million USD and 668
domestically-invested projects worth about 181.9 trillion VND. Local industrial
parks are hosting 103 projects.
Businesses' revenue from production and business activities in the first nine
months was estimated at 15.41 trillion VND, up 24% over the same period last
year and equivalent to 78.7% of the yearly target. Investment projects created
jobs for about 20,100 employees, up 2.7% year-on-year.
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.
