(HBO) - Being considered as the gateway of Hoa Binh City and located in the provincial important area of the economic dynamics, Ky Son district has many potentials and advantages to attract investment and economic development.
Son Thuy joint Stock Company, Dan Hoa Commune (Ky Son) is one of the enterprises that makes a great contribution to the budget of Ky Son district.
In order to create a favorable legal corridor and the environment for the investment and business, the People's Committee of the district issued a document to implement the Law on Investment and the decisions and the plans to attract investment of the provincial People's Committee. In addition, the People's Committee has advised the Party Committee to issue the Resolution No. 13 on promoting the investment attraction, infrastructure construction and urban development in Ky Son district; the People's Committee's Plan No. 106 on improving the business environment and improving the competitiveness. In particular, the People's Committee of the district has also decided to establish a working group to support and solve the investment attraction and the site clearance of the projects attracting investment in the district.
With the close direction of the different levels of the Party committee, the government has actively contributed to improving the investment and business environment, creating favorable conditions for the economic sectors to invest in the locality.
The district has organized a lot of meetings, working with the enterprises, promoting the image and the advantages of the district at the same time. Up till now, the district has been attracting 115 investment projects, focusing on the fields of industry, tourism, trade - service, petroleum trading, production and trading of the construction materials, environment and fisheries with a total registered investment capital of over 54,882 billion VND. The number and the scale of the project have increased gradually over the time and periods.
The projects are the driving forces of GDP growth, contributing to economic restructuring towards the industrialization and the modernization. A lot of projects have been in operation, significantly contributing to the district’s budget. Initially, the district has attracted high-tech projects in agriculture such as the conservation and development projects of high quality medicinal materials and High-tech agricultural project in Bai Noi village, Hop Thanh commune.
In the coming time, the district will continue the promotion, the construction and the development of high quality information and website packages for investors to provide a full and transparent system of policies and legal laws relating to the investment activities.
Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh chaired the regular October meeting of the provincial People's Committee to review 2024 socio-economic performance.
Taking advantage of favourable weather conditions, constructor is speeding up the construction of technical infrastructure at Tien Tien industrial cluster in Quang Tien commune of Hoa Binh city. So far, the construction of important infrastructure works in the industrial cluster such as the operation office, wastewater treatment plant, power supply system, clean water supply system, fire prevention and fighting system, rainwater drainage system, and internal traffic roads has been completed.
Numerous credit solutions have been implemented by local banks in Hoa Binh province to support individuals and businesses affected by Typhoon Yagi. These measures include debt rescheduling, providing in-depth financial advice, and offering interest rate reductions based on the extent of damages.
Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.
In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.
Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.
