(HBO) - The Party Committee and People’s Committee of the northwestern province of Hoa Binh have over the years strived to improve investment and business climate in a clear and transparent manner, and revised administrative procedures in investment, construction, land use and business registration for investment attraction.
The Vietnam Fragrances Company based at the
Luong Son Industrial Park (IP) in Hoa Binh specialises in toothpick exports to
India, which raises the province’s export values.
The province has drawn
211 investment projects since 2017, including 17 foreign-invested ones.
At present, there are 580 projects in Hoa Binh, of which 540 are domestic with
registered capital totaling over 84.74 trillion VND (3.67 billion USD) and 40
FDI projects worth 575.4 million USD.
The province’s IPs
currently house 95 licensed projects, comprising of 24 foreign-invested of
499.85 million USD and 71 domestic worth nearly 7.27 trillion VND.
As many as 55 projects
have come on stream, creating stable jobs for approximately 20,000 workers./.
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.
