(HBO) - After the week-long 2023 Lunar New Year (Tet) holiday, almost all enterprises in Hoa Binh province have resumed their operation with a high determination to complete the set goals, contributing to the overall growth of the local economy.


Right after the Tet holiday, workers at SanKoh Vietnam Co., Ltd at Left bank of Da River Industrial Park (Hoa Binh City) return to work.

According to provincial authorities, as of January 30, the majority of workers across the province had come back to their businesses and factories. Many businesses offered transportation services for workers. Some in Hoa Binh city and Luong Son district are in need of recruiting more experienced and skilled workers.

To retain workers, over the past years, businesses in the province have raised their salary, bonuses and allowances, improved working environment, offered support in terms of train and car tickets for workers, and given lucky money to them on the Tet occasion.

In 2022, thanks to efforts of the business community, the province’s gross regional domestic product (GRDP) grew 9.03% to more than 32.68 trillion VND (1.39 billion USD).

The province attracted 75 domestic investment projects with a total registered capital of about 35 trillion VND, 31 projects more than that of the previous year.

In 2023, Hoa Binh will continue to create favourable conditions to attract more investment and make more preferential policies to facilitate businesses’ development, contributing to socio-economic growth as well as ensuring social security. The province is striving for an economic growth rate of 9%, and per capita GRDP of 70.9 million VND per year, state budget revenue of 7.28 trillion VND, and labour productivity of 116.9 million VND per worker.

To achieve the set economic goals, the province will continue restructuring the economy, renewing the growth model, increasing productivity, creating a driving force for rapid and sustainable economic growth, improving the business and investment environment, supporting enterprises, and attracting investment. Attention will also be paid to promoting the development of socio-economic infrastructure and creating changes in the industrial sector, and to key projects to promote economic restructuring and growth model innovation./.

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