(HBO) - To improve the business and investment environment and the provincial competitiveness index, in recent years, the provincial centre for investment, trade and service promotion has promoted administrative reforms; and inspected and supervised IT application in processing administrative procedures.
At the provincial public administration service centre.
According to director of the centre Pham Anh Quy, to create an open,
transparent and favourable investment environment for investors, the standing
board of the provincial Party Committee issued Resolution No. 02/NQ-TU dated
May 31, 2021 to promote the role of the centre, and develop it into a focal
point for providing guidelines and supporting investors that are interested in
investing in the locality.
The centre has focused on strengthening investment promotion and creating
optimal conditions for investors to implement their investment projects in the
Hoa Binh, while proposing measures to remove difficulties facing businesses and
investors towards attracting more investment inflows into the locality.
It has aid attention to supporting enterprises, cooperatives, organisations and
individuals in developing production and business, seeking partners, and
expanding consumption markets.
The centre has issued an annual and phased investment promotion programme. It
has also worked on research and assessmentof market potential, investment
demand and trend, and issues related to investment partners.
Since 2016, the centre has provided information and introduced investment
opportunities and policies for over 240 enterprises and investors, including
big firms such as Vingroup and FLC group.
Quy said his agency has also focused on developing database and renovating the
form of promotion activities so as to improve the investment environment and
remove difficulties related to administrative procedures facing enterprises./.
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.
