(HBO) – The People’s Committee of Hoa Binh reported that in the first quarter of 2023, provincial departments, sectors and localities exerted great efforts in the development of enterprises, collective economy and investment promotion. As a result, the locality saw the establishment of 100 new businesses with total registered capital of about 2 trillion VND (85.08 million USD).
Bigfa JSC in Luong Son Industrial Park, which specializes in
producing pharmaceutical and cosmetic products, has created jobs for hundreds
of local workers.
Investment attraction activities also received great attention. In the first
three months of this year, the province approved the investment policy of seven
domestically-invested projects with combined capital of 611.4 billion USD, a
surge of 58.3% in project number and 124.4% in value.
To date, the province has hosted 730 projects, including 37 foreign direct
investment projects with total registered capital of 608 million USD and 693
domestically-invested projects worth about 184.6 trillion USD.
Local industrial parks are accommodating 105 valid projects. Revenue from
production and business activities in the first quarter of enterprises in local
industrial parks was estimated at 5.28 trillion, up 9.32% over the same period
last year./.
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.
