According to the report of the Provincial People's Committee, from the beginning of the year to the end of October, in the whole province there have been 45 off-budget capital investment projects the investment policies of which has been approved with a total registered investment capital of about 20,000 billion VND. There have been 760 projects in the provincen so far; there are 36 foreign direct investment projects with a total registered capital of about 608 million USD and 724 domestic investment projects with a total registered capital of about 275,000 billion VND.
GGS Vietnam Co., Ltd. is a 100% foreign-invested
enterprise, producing and doing business effectively in the industrial park of
the left bank of Song Da (Hoa Binh City).
There are 5 new projects investing in the industrial
parks. The revenue from the production and business activities of the
enterprises in the industrial parks is estimated at 22,000 billion VND,
increasing 6% compared to that of the same period last year, reaching 100% of
the assigned plan; creating new jobs for 1,300 local people.
In addition, since the beginning of the year, there
have been 440 newly registered enterprises with a total registered capital of
5,200 billion VND in the whole province; Compared to the same period last year,
the number of new businesses decreased by 8.71%, the registered capital
decreased by 45.2%. There are 200 enterprises registered to temporarily suspend
production and business activities; 950 businesses temporarily suspended
operations without registration or awaiting dissolution; 160 businesses
returned to the market. Accumulated up to now, it is estimated to have 3,500
businesses operating in the economy in the whole province. The business
innovation arrangement continues to be implemented as planned.
Over the years, Hoa Binh has shown strong performance in applying information technology (IT) in building an electronic government, ensuring information security and contributing to developing a smart and modern city.
Boasting high potential in both aquatic development and tourism, the Hoa Binh hydropower plant reservoir has a significant role in the fisheries and tourism sectors of Hoa Binh. Hoa Binh lake is home to 123 species belonging to 79 genera and 19 families, including many rare species, with high economic value and significance for scientific research.
A meeting to review the province’s socio-economic development in the first half of 2024 took place on July 3 under the chair of Standing Vice Chairman of the provincial People’s Committee Nguyen Van Toan. Participants discussed and gave opinions on draft documents that will be submitted to the standing board of the provincial Party Committee, documents under the promulgation authority of the provincial People's Committee, and other matters serving the management, direction, and administration of the People's Committee.
Nhuan Trach commune, Luong Son district, recently earned recognition from the People's Committee of Hoa Binh province for achieving the advanced criteria of the national new rural development programme in 2023. This success stemmed from innovative approaches, unified support from local authorities and residents, and a continued push for excellence.
A project to build a road from Da Bac town (Da Bac) to Thanh Son district of Phu Tho province is invested by the People's Committee of Da Bac district with a total capital of 250 billion VND (9.8 million USD). When completed, it will be a vital traffic route connecting the two provinces, contributing to the development of the road traffic infrastructure system in Da Bac district, and adding motivation to promote local socio-economic development.
According to the report of the People's Committee of Lac Son district on the results of building the new and improved rural areas in the district, there are currently 4 communes reaching 10 - 14 criteria, including Nhan Nghia, Tan Lap, Yen Phu and Tan My; There are 6 communes that meet less than 10 criteria, including Vu Binh, Xuat Hoa, Thuong Coc, Yen Nghiep, Huong Nhuong, and An Nghia. The average number of the newly improved rural criteria has reached 9.6 criteria each commune so far.
