(HBO) – Hoa Binh, one of the localities with an average level in the disbursement of public investment capital, is striving to speed up the work towards a target of completing the disbursement of all the allocated capital by January 1, 2023.
Tan Lac district increases collection of land use levy to
provide more capital for public investment projects. (Photo taken at the new
residential area of Man Duc township).
This year, the province is allocated over 3.39 trillion VND (136.28 million
USD) of public investment capital from the State budget, while the capital
approved by the provincial People’s Council for the year is 4.19 trillion VND.
As of March 18, the province had allocated 4.19 trillion VND to particular
projects, equivalent to 124% of the plan assigned by the PM and 100% of the
plan passed by the provincial People’s Council.
As of October 20, 2.21 trillion VND, or 53% of the total capital, had been
Since the beginning of this year, the provincial People’s Committee has rolled
out numerous measures to speed up the disbursement of public investment
capital, including reviewing the progress of solutions to remove difficulties
in the work.
The province has moved 338.9 billion VND from 44 stagnant projects to 21 more
According to Nguyen Van Thang, Director of the provincial Department of
Planning and Investment, the major reason behind the snail's pace in
disbursement of the capital is the slow processing of investment procedures by
a number of investors, the modest feasibility of some projects, and limited
revenue from land use levy.
He said that in the rest of this year, the province will strengthen the role of
the working group in charge of supervising the progress of particular projects,
thus removing obstacles facing them in a timely manner.
At the same time, discipline will be tightened during the implementation of the
projects, along with efforts to improve the effectiveness of preparations for
the implementation of projects and selection of contractors and consultation
The province will also focus on speeding up ground clearance, compensation and
resettlement support, increasing State budget collection, enhancing the quality
of land management, and strengthening inspection to detect and handle
wrongdoings in the implementation of public capital disbursement plan.
Thang added that the provincial People’s Committee has proposed the Government
to make detailed allocation plan of the State budget capital for the
social-economic recovery and development programme, while considering the
application of special policies for the province to suit the local situation
(HBO) -The Office of the Hoa Binh provincial People's Committee has just issued Notice No.3402/TB-VPUBND on the conclusion of the Chairman of the provincial People's Committee at the meeting of the provincial steering committee for improving the investment and business environment and provincial competitiveness index (PCI).
(HBO) – The authority of Lac Son district is striving to improve the District and Department Competitiveness Index (DDCI), aiming to improve the business and investment environment, thus attracting more businesses and investors to the locality.
(HBO) - On May 13rd, the Provincial Business Association hosted a conference on association, cooperation and development of Business Associations in the provinces of Hoa Binh, Son La, Dien Bien, Lai Chau with the theme "Sharing the mechanisms and policies to support the businesses in the Northwest mountainous provinces”; signing a cooperation agreement on the legal support for businesses between the Center of Vietnam International Arbitration and the Business Associations of 4 Northwest provinces.
(HBO) – Hoa Binh province’s State budget collection was estimated at 253.3 billion VND (10.79 million USD) in April, equivalent to 15% of the target assigned by the Resolution of the provincial People's Council, according to a report by the provincial People’s Committee.
(HBO) – Farmers in Dong Lai commune in Tan Lac district have successfully piloted and are expanding the model of off-season red flesh dragon fruit farming as it helps increase income and improve people’s living conditions.
(HBO) – In the 2022 Provincial Competitiveness Index (PCI) announced by the Vietnam Chamber of Commerce and Industry (VCCI) in early April, Hoa Binh ranked 53rd out of the country's 63 provinces and cities with a total score of 62.81 points, up 9 places compared to 2021. This result reflected efforts of the whole political system in reforming administrative procedures and improving the local business investment environment.