In late 2023, pomelo growers in Dai Dong hamlet, Ngoc Luong commune in Yen Thuy district; and Thanh Ha hamlet, Thanh Son commune in Luong Son district, received the GlobalGAP certificates for their products and exported the second batch of the fruit to the UK market.
The contract for exporting this batch of Dien
pomelo was signed between RYB JSC and Longdan Group of the UK at an investment
promotion event of Hoa Binh province in the European country in early October
2023.
Representatives of the provincial People’s Committee and CP Group
of Thailand sign a memorandum of understanding (MoU) at an investment, trade
and tourism promotion conference in Thailand on July 17, 2023.
Provincial authorities have reached many important agreements with UK partners
in 2023, opening up opportunities for comprehensive investment cooperation with
the European country.
At an investment, trade, and tourism promotionworkshop of Hoa Binh in the
UK last year, the provincial People's Committee and the Vietnam Business
Association in the UK(VBUK) signed a memorandum of understanding (MoU) of
cooperation with the aim of building a sustainable and long-term cooperative
relationship to create benefits and development opportunities for both sides.
The MoU emphasised that the VBUK will engage in promoting investment, trade,
and tourism opportunities in Hoa Binh to its member companies and
entrepreneurs; connect and support UK firms that are interested in investing
into Hoa Binh, and cooperate with businesses of Hoa Binh; and assist Hoa Binh’s
companies that have the demand to export goods to and import from, and attract
capital from the UK market.
On the sideline of the event, the province’s working delegation organised an
exhibition to showcase typical agricultural products and 18 OCOP (One Commune
One Product) products, as well as the tourism potential and strengths of Hoa
Binh to the UK market. This activity created a great opportunity for local
products to directly reach consumers and helped enhance trade connections and
expand export markets for Hoa Binh.
Previously, a delegation of Hoa Binh, led by Secretary of the provincial Party
Committee Nguyen Phi Long had a working session with over 150 enterprises and
investors of Thailand in the framework of an investment promotion programme in
the Southeast Asian nation in July last year.
During their working trip, leaders of Hoa Binh signed two MoUs with Thai
partners on investment cooperation in various fields.
2023 was seen as a dynamic year for the locality’s foreign economic affairs.
Apart from organising direct investment promotion activities, the province also
intensified diplomatic activities and partnerships with countries in the
region.
Throughout the year, foreign relations and international cooperation between
Hoa Binh and Houaphanh province of Laos, Tuva province of Mongolia, and some
non-governmental organisations continued to be maintained and developed,
contributing to mobiliising foreign assistance for socio-economic development.
Particularly, programmes and projects implemented by 16 foreign NGOs in Hoa
Binh have contributed to promoting poverty reduction, improving health, and
enhancing the livelihoods of residents in project areas.
A provincial delegation conducts a market survey in the UK as part
of an investment, trade, and tourism promotion programme of the locality in the
European country.
To further promote economic diplomacy, local authorities will continue to roll
out key solutions, focusing on raising public awareness of the crucial role of
economic diplomacy; expanding and deepening cooperation with foreign partners;
and improving the quality and effectiveness of international economic
integration towards turning economic diplomacy into a motivation serving
socio-economic development.
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.
