Hoa Binh striving to raise market entry index

5/17/2023 - 3:06:57 PM

(HBO) – Hoa Binh province saw its market entry index, one of the sub-indices of the Provincial Competitiveness Index (PCI), increasing in terms of points, yet decreasing in ranking last year.

The fact requires departments and localities in Hoa Binh to make greater efforts and take more drastic actions in order to raise the PCI, particularly the business confidence index.

Thanks to the support from competent agencies, Cap Global Company Limited at the Luong Son Industrial Park has been operating fruitfully since 2020.

Last year, Hoa Binh ranked 53rd among the 63 cities and provinces in the PCI, up nine places from 2021. The locality gained 6.49 points in the market entry index, up 0.27 points, while its ranking in this regard dropped one place from the previous year.

According to the provincial Department of Planning and Investment, Hoa Binh’s market entry index, which was even lower than the national average, was evaluated based on businesses’ dissatisfaction of some procedures like business registration, and its publicity and transparency.

The department also pointed to limitations in the communications work and the ability of some enterprises to carry out online administrative procedures, as well as the lack of sense of responsibility of officials and public servants.

Besides, agencies and businesses have not been well aware of the 10 sub-indices of the PCI yet, leading to subjectivity in their response to the questionnaire, it added.

To improve the market entry index, Deputy Director of the Department of Planning and Investment Vu Duc Dung said the department has proposed the provincial People’s Committee instruct agencies to effectively assess administrative reform.

At the same time, it is necessary to raise the awareness of officials and public servants about the civil service culture and step up IT application in the administrative work, he noted.

With the solutions being rolled out concertedly, the market entry index and other sub-indices of the PCI are expected to be improved in the coming years, thus helping spur local socio-economic development and raise confidence of people and businesses in local administration./.

Hoa Binh fast-tracks new-style countryside development with strong base

Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.

High tech seen as key to sustainable farming in Hoa Binh

Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.

VND 3.5 billion in support for small and medium-sized enterprises in 2025

The People's Committee of Hoa Binh Province has issued Plan No. 93 on supporting small and medium -sized enterprises (SMEs) in the province in 2025. Accordingly, it has decided to allocate VND 3.5 billion from the central budget to support these businesses.

Hoa Binh reviews progress on key provincial projects

The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments

Hoa Binh attends "Meet Korea 2025" event

A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.

Hoa Binh revives local heritage through OCOP programme

Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.