Hoa Binh will deploy measures in a timely manner to remove obstacles for investors, prompting investment projects and creating favourable conditions for firms to access capital support, pledged a leader of the northern province.
Hoa
Binh presents emulation flags to 11 outstanding enterprises, and certificates
of merit to 20 other firms and cooperatives (Source: baohoabinh.com.vn)
Secretary
of the Hoa Binh Party Committee Bui Van Tinh made the commitment at a meeting
with representatives of more than 200 enterprises, cooperatives and investors
in the locality on February 20.
At the meeting, Nguyen Van Than, Chairman of the Vietnam Association of Small
and Medium Enterprises, noted that local firms paid over 1.9 trillion VND (81.7
million USD) towards the state budget in 2018, accounting for 78.8 percent of
the total budget collection in the province, helping boost Hoa Binh’s GRDP growth
to the 19th place among the 63 localities nationwide.
In 2018, the province saw the formation of 420 new companies and more than 110
branches and representative offices of businesses, along with 65 new
cooperatives with a combined capital of over 6 trillion VND.
At the same time, Hoa Binh attracted 57 domestically-invested projects worth
nearly 13.45 trillion VND, and three foreign-invested with a total capital of
200.24 million USD.
Than proposed that local firms and cooperatives review and reform their
management systems, while restructuring capital and business portfolio,
creating connection chains, and enhancing management capacity.
On the occasion, Chairman of the People’s Committee of Hoa Binh Nguyen Van
Quang presented emulation flags to 11 outstanding enterprises, and certificates
of merit to 20 other firms and cooperatives.
Source: VNA
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
