(HBO) - In order to create favorable conditions for the private economy to develop and encourage the development of businesses, from 2018 to 2020, the People's Committee of Hoa Binh province directed the implementation of the Law on Supporting Small and Medium Enterprises (SMEs) and applied mechanisms and policies to promote efficient operations of enterprises, thereby improving the local business and investment environment.
Ho Guom Group's
garment factory in Tan Lac district enjoys the tax support policy of the
province, helping it to overcome difficulties.
In recent years, enterprises in the province
have grown in both quantity and quality. Every year, the number of newly
established enterprises increases. By the end of 2020, the province had 3,770
enterprises with a total registered capital of more than 47 trillion VND (2.05
billion USD). Of which, there are 3,527 SMEs, accounting for over 97 percent of
the total number of enterprises with registered capital of nearly 31.5 trillion
VND.
In order to effectively implement the Law on
Support for SMEs, the provincial People's Committee issued Plan No.
158/KH-UBND, dated December 6, 2018 on supporting SMEs in the province. The
plan specifies solutions, mechanisms, preferential policies for the SMEs and
assigns specific tasks to departments, agencies, sectors and localities to help
develop and support SMEs.
With the participation of administrations at all
levels and sectors, it has created a driving force to help businesses thrive.
Accordingly, the provincial People's Committee has urged localities to promote
technological assistance by guiding enterprises to apply management systems,
productivity improvement tools. The province also provides supports for
enterprises to implement origin traceability systems, apply good agricultural
practices, and develop organic agricultural production.
According to data released by the Department of
Planning and Investment, by 2020, the total revenue of SMEs in the province is
estimated at 49.6 trillion VND (2.16 billion USD) with the average income of
employees is from 4.5 to 6.5 million VND per month./.
During the two days of November 14th – 15th, at the Provincial Cultural Palace, the Department of Industry and Trade organized a conference to connect the product consumption of the ethnic minorities and the mountainous areas in 2024. There was the attendance of the representatives of leaders of a number of departments, branches, businesses, manufacturers and distributors inside and outside the province.
The One Commune One Product (OCOP) programme is reshaping the rural economy of Lac Son district, helping improve living standards, particularly among the ethnic minority communities in remote areas of Lac Son district.
The Van Mai dam xanh (Bangana lemassoni) fish has long been famous for its unique and delicious flavour, earning a spot on the menus of many restaurants and attracting food connoisseurs. In recent years, residents in Van Mai commune, Mai Chau district, have expanded their fish farming areas and striven to build a strong reputation for their product. They are also working to establish it as an OCOP (One Commune, One Product) item to increase their income.
Outstanding rural industrial products of Hoa Binh province in 2024 were recently honoured and granted certificates, becoming a source of pride for producers and also a boost for local economic development. The honourees are all deeply imbued with the local cultural identity and boast considerable commercial potential, helping popularise the image of Hoa Binh to domestic and international consumers. This is also a solid stepping stone for rural industrial establishments to develop.
In the first 10 months of 2024, Hoa Binh city made significant progress in job creation and labour exports, sending 112 workers abroad through partnerships with authorised recruitment firms.
An award ceremony to announce the official certification for Mai Chau district’s Bangana lemassoni fish, a specialty of the locality because of its unique flavour, was held recently in the district.
