The People’s Committee of Hoa Binh province on November 29 had a working session with businesses and investors from China, Hong Kong (China), and Singapore who came to learn about business and investment opportunities in the locality. Vice Secretary of the provincial Party Committee and Chairman of the People’s Committee Bui Van Khanh chaired the session.
Vice
Secretary of Hoa Binh’s Party Committee and Chairman of the People’s Committee
Bui Van Khanh speaking at the working session.
The delegation gathers representatives from
20 enterprises that want to explore investing in high-tech parks to serve the
needs of international market development through the construction of research and
development, and production development centres.
They showed their interest in investing in
high-tech industrial parks, and in the fields of construction, logistics, and
high technology. They also expressed their hope to receive information on land
and land rental prices, preferential policies, and payment and contract signing
methods, taxes and tax refund policies for businesses, project construction
deadlines, and accommodation conditions for foreign experts working in Hoa Binh
province.
Speaking at the event, Khanh gave investors
an overview on industrial parks in the province. He affirmed that Hoa Binh is
always ready to support and accompany businesses and investors.
The leader assigned departments and sectors to
coordinate with investors to provide information on the province's potential
and strengths, and investment procedure samples for them to continue to study.
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.
