Determining that attracting investment is an important task in the socio-economic development, in recent years, Hoa Binh province has implemented many specific solutions to improve the environment of the business investment and supported in overcoming the difficulties for the businesses and investors, promoting the investment attraction into the province.
In 2023, there were 37
off-budget capital projects approved by the province with a total registered
investment capital of about 12,600 billion VND. At the same time, there were 30
projects whose investment policies were adjusted; 10 projects were terminated
and 5 projects were temporarily suspended.
Being accumulated by the
end of 2023, there were 708 projects in the province, including 37 projects
with the foreign direct investment with a total registered capital of about 668
million USD and 671 projects with the domestic investment with a registered
capital of about 668 million USD. 250,000 billion VND; There were 5 new
projects investing in the industrial parks.
The projects put into
operation have not only created jobs for the local employees but they have also
contributed to the economic restructure, making important contributions to the
province's budget revenue. In 2023, the revenue from production and business
activities of the enterprises in the industrial parks was estimated to reach
22,000 billion VND, increasing 6% compared to the same period last year,
reaching 100% of the assigned plan; creating new jobs for 1,760 people.
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.