(HBO) - Hoa Binh City has so far attracted 14 direct foreign investment (FDI) and 160 domestic-funded projects worth over 276.8 million USD and 27.64 trillion VND (1.19 billion USD), respectively. Of the total, there are 72 projects in industry, 17 in tourism, 41 in service and trade, 16 in infrastructure – urban development, and eight in ore mining.
SMA VINA Viet-Han
Garment Import Export JSC based in Hoa Binh City’s Dan Chu ward creates
stable-income jobs for locals.
For a clear and transparent business climate, the municipal
Party Committee and People’s Committee has focused on urban planning,
administrative reform, and digital government building.
The second congress of the municipal Party organization, for
the 2020-2025 tenure, targeted turning the city into a 2nd level
urban area prior to 2025. As such, priorities for actions have been set to
include attracting investment from capable investors, speeding up the
completion of industrial infrastructure, creating favourable conditions for
business growth, and streamlining administrative procedures.
The city is also working to increase the occupation rates of
Yen Mong, Cham Mat – Dan Chu, and Tien Tien industrial clusters to 80, 100, and
50 percent, respectively./.
(HBO) - The Provincial Youth Communist Union and the Youth Association have organized the 3rd Startup Forum for Youth Innovative in 2020, contributing to equip young people with skills to build an effective start-up business.
(HBO) - A delegation from the Department of Agriculture and Rural Development of Hoa Binh province paid a visit to Cao Phong district to check production of winter-spring crops here on February 22.
(HBO) – The Resolution of the 17th provincial Party Congress for the 2020 – 2025 tenure set the task of developing industry into a driving force of the economy with high, sustainable and efficient growth, toward raising the proportion of industry-construction to 54 percent of the local economic structure by 2025 and the total area of industrial parks and zones accounting for around 1 percent of the local natural land area. It is a very important task to soon bring Hoa Binh's economy to the national average. However, difficulties in infrastructure building in several industrial parks and zones remain so the provincial Party Committee and People’s Committee are drastically fixing them.
(HBO) - Yen Thuy district has advantages in terms of location and transportation and it has taken various measures to attract investment and sustainably restructure its economy over the previous years.
(HBO) – The Cao Phong orange, renowned for its tastefulness, is facing the pressure of competition, price nosedive, and poor sales. However, farmers and managerial agencies believe that if relevant parties comply with cultivation planning and safe production processes and maintain the fruit brand, the local specialty can still develop strongly and generate economic benefits for farmers.