(HBO) - Hoa Binh City has so far attracted 14 direct foreign investment (FDI) and 160 domestic-funded projects worth over 276.8 million USD and 27.64 trillion VND (1.19 billion USD), respectively. Of the total, there are 72 projects in industry, 17 in tourism, 41 in service and trade, 16 in infrastructure – urban development, and eight in ore mining.
SMA VINA Viet-Han
Garment Import Export JSC based in Hoa Binh City’s Dan Chu ward creates
stable-income jobs for locals.
For a clear and transparent business climate, the municipal
Party Committee and People’s Committee has focused on urban planning,
administrative reform, and digital government building.
The second congress of the municipal Party organization, for
the 2020-2025 tenure, targeted turning the city into a 2nd level
urban area prior to 2025. As such, priorities for actions have been set to
include attracting investment from capable investors, speeding up the
completion of industrial infrastructure, creating favourable conditions for
business growth, and streamlining administrative procedures.
The city is also working to increase the occupation rates of
Yen Mong, Cham Mat – Dan Chu, and Tien Tien industrial clusters to 80, 100, and
50 percent, respectively./.
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.
