A delegation from Sao Do (Red Star) Entrepreneurs’ Club led by its President Nguyen Canh Hong has visited Hoa Binh to explore investment opportunities in the province.
The delegation was received by Nguyen Phi Long, alternate
member of the Party Central Committee and Secretary of the provincial Party
Committee; Bui Duc Hinh, Deputy Secretary of the provincial Party Committee and
Chairman of the provincial People’s Council; Bui Van Khanh, Deputy Secretary of
the provincial Party Committee and Chairman of the provincial People’s
Committee; and leaders of provincial departments and agencies.
Nguyen Phi Long, alternate member of the Party Central Committee and Secretary
of the provincial Party Committee addresses the working session.
Sao Do Entrepreneurs’ Club President Nguyen Canh Hong, who is CEO of Eurowindow
Holding, said that thanks to Hoa Binh’s various advantages, many investors are
interested in investing in the areas of tourism, eco-urban development,
services, and education-training in the locality.
He expressed hope to have discussions with authorised agencies and sectors of
Hoa Binh on possible investment projects. Hong proposed a tourism project in
Lien Son commune of Luong Son district, along with other projects in the fields
of urban housing, tourism, education, culture and sports.
At the working session, businesses of the Sao Do Entrepreneurs’ Club expressed
their wish to explore the investment environment of Hoa Binh in the fields of
urban development, infrastructure, agriculture and industrial real estate.
They also showed their impressions on the working attitude and business support
of the province, especially in processing administrative procedures.
The club will actively introduce the locality’s business environment to their
peers across the country to draw more investment to Hoa Binh, they pledged.
Speaking at the event, Secretary of the Hoa Binh Party Committee Nguyen Phi
Long welcomed the delegation to explore the local business environment, and
introduced the potential and advantages as well as targets and orientations of
the locality.
He said that Hoa Binh is strong in agriculture, urban and service development,
while its Hoa Binh hydropower reservoir is developing into a national tourism
site. The province also owns a valuable hot mineral water source, along with
beautiful natural landscapes and unique culture of local ethnic groups.
Hoa Binh is focusing on five breakthrough areas, which are preserving and promoting
the cultural values of ethnic groups, especially Muong ethnic culture and Hoa
Binh culture; promoting administrative reform and improve provincial
competitiveness; developing and improving the infrastructure system, especially
the road traffic infrastructure system; speeding up digital transformation; and
attracting and developing high quality human resources, he said.
The provincial leader underlined that Hoa Binh is working to strengthen
regional connectivity with the Hoa Binh-Moc Chau expressway and Hoa Lac-Hoa
Binh road projects.
The locality is also focusing on four core industries of
processing-manufacturing, agricultural business, tourism and satellite housing
development.
He assigned provincial departments and agencies to coordinate with the firms
and provide them with the best conditions to carry out their projects in Hoa
Binh./.
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.
