(HBO) – Hoa Binh province ranked 62nd in the provincial competitiveness index (PCI) 2021, dropping18 places from the previous year, with its land access index reaching 5.93 points, down 0.35 point. According to the Vietnam Chamber of Commerce and Industry (VCCI), the province ranked 62nd in the land access index, down 16 places as compared with 2020.
Pho Cho residential area in the centre of
Luong Son district.
Among the 14 sub-indices, seven were in the 60th – 63rd
positions, four in the 43rd – 45th places, and only three in the top 30. Local competent agencies explained that the COVID-19
pandemic, overlapping legal regulations, the inefficiency in coordination
between relevant agencies and localities, along with sluggishness in
administrative procedures and land-related information supply are among the
reasons behind the poor performance.
Speaking at a recent meeting of the steering board for
improving the business environment and improving the PCI, Chairman of the
provincial People’s Committee Bui Van Khanh stressed the need to identify
responsibilities of departments, agencies and localities concerned to the
indices, including the one on land access. Local enterprises hope that with efforts by provincial
leaders, the announcement of land use plans and relevant administrative
procedures, as well as the completion of land dossiers will be sped up.
In addition, mechanisms and policies on site clearance and
compensation, and land price assessment are expected to be adjusted. There would be also improvements in the handling of
administrative procedures at land registration offices, thus raising confidence
and satisfaction of businesses and people./.
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.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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