(HBO) - With the consistent stance of accompanying the development of investors, Hoa Binh province is implementing specific measures to improve the business environment, and provide practical support for enterprises and investors in researching and carrying out investment projects in the fields of eco-tourism, agriculture and industry associated with urban development.
Over the past years, Hoa Lac - Hoa Binh road has made an important contribution
to the province’s investment attraction.
The province has drastically directed many
solutions to improve the business environment, with focus on administrative
reform to increase the validity and effectiveness of the State management
apparatus; paid attention to building an administration which always
accompanies enterprises in order to maximise resources for investment in
development; and actively worked with ministries, sectors and agencies to take
advantage of their support in investment-related mechanisms and policies.
In addition, Hoa Binh has directed to cut 30% of
the time to handle administrative procedures and improve the role of the Centre
for Trade, Investment and Tourism Promotion. It has regularly met and held
dialogue with investors to help them remove difficulties and obstacles in
implementing projects; strengthened inspection and supervision and strict handled
any cases that cause troubles and harassment in the implementation of
administrative procedures related to enterprises and investors towards the goal
of creating substantive changes in the business environment. The province has
directed to review and revoke slow-progress projects to attract competent
investors that are suitable to the province's investment attraction criteria;
and prioritised investment in fields and areas to serve socio-economic
development.
With its potential and advantages and efforts by
local authorities to support investors, the province has seen great progress in
investment attraction. In 2022, Hoa Binh approved the investment of 75 domestic
projects with a total registered capital of about 35 trillion VND (1.47 billion
USD). Compared to the previous year, the number of licensed projects increased
by 31 projects, and the capital was equal to 102.2%.
To date, the province has attracted 729
projects, of which there are 37 foreign-invested ones totaling 608 million USD,
and 692 domestic ones totalling about 183 trillion VND. Local industrial zones
currently have 105 licensed investment projects, including 25 foreign-invested
ones with a total registered capital of 518.9 million USD, and 80 domestic ones
totaling nearly 14 trillion VND./.
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.
