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.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.