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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.
In the first half of 2024, Hoa Binh province granted new business registrations for 210 enterprises with a total registered capital of more than 4.75 trillion VND (187.5 million USD), an increase of 12% year on year, the provincial Department of Planning and Investment has reported.
The working class in Vietnam in general and Hoa Binh province in particular, has made significant strides in terms of quality and making practical contributions to the country's industrialisation and modernisation process. Establishing a well-organised working class that has professional skills, firm political mettle, capable of leading the innovation process, and actively integrating into global trends of globalisation, is the responsibility of the entire Party and political system. However, there are numerous challenges that hinder the robust development of the working class.
Accessing preferential loans from the Vietnam Bank for Social Policies (VBSP), many households in Tan Lac district have escaped poverty and many students progressed on their quest for knowledge.
The companionship of the preferential loans from the Bank for Social Policies (VBSP) has helped many households in Tan Lac district escape poverty sustainably. Along with that, the policy capital has accompanied with many students in their journey to seek knowledge until they achieve the "sweet fruits”.
In the 2023-2024 winter-spring crop, despite unfavourable weather conditions and negative impacts of market, Hoa Binh has basically achieved targets and even exceeded the yearly plan due to the fact that production direction and preparation of production material was carried out early.
Implementing the criteria on the form of production organization in the program for building New Rural Areas, the Party committees and the provincial authorities at all levels have strengthened the direction and implementation of land consolidation and land exchange.
