Hoa Binh expected to take strong actions to improve investment environment

6/23/2022 - 5:08:16 PM

(HBO) - Although Hoa Binh province’s provincial competitiveness index (PCI) in 2021 dropped significantly in rankings and scores, many businesses and investors believed that this challenge was also an opportunity for the provincial authorities and its departments, sectors and localities to review and evaluate weaknesses and shortcomings, and carry out drastic measures to create a breakthrough in improving the investment environment and enhancing the province's competitiveness in the coming years.

Many organisations and individuals wish that the Provincial Public Administration Service Centre will improve its operation quality to facilitate the settlement of administrative procedures.

According to the provincial Business Association, over the past time, enterprises and investors in the province have appreciated efforts of administrations at all levels and sectors, especially the drastic direction of the provincial Party Committee and People's Committee in bettering the business and investment environment and facilitating enterprises’ operations. The province has also paid attention to removing difficulties and obstacles facing businesses and investors, especially measures to support businesses during the COVID-19 pandemic. However, the 2021 PCI ranking of Hoa Binh remains low, which was a "shock" for not only the province but also many businesses and investors.

The fact showed a surge in the number of investors to the province has been causing difficulties related to land. Access to land and site clearance are always the biggest "bottleneck" which causes the most frustration because it takes a long time, thus leading to the loss of investment opportunities. Therefore, businesses showed their wish that the provincial People's Committee will pay attention to and drastically direct the ground clearance for investment projects; take measures to monitor planned areas and those being researched, surveyed and deployed by investors so as not to put more pressure on businesses and investors in compensation for site clearance.

Ha Trung Nguyen, Vice Chairman of the provincial Business Association, said that unofficial costs are also a concerning issue. The provincial 2021 PCI analysis report showed that the percentage of enterprises reporting that they have to pay unofficial costs for inspectors has not improved much compared to 2020, hitting 45 percent, making Hoa Binh rank 61st out of 63 provinces and cities.

Therefore, he proposed the provincial People's Committee impose sanctions to strictly handle and rotate jobs for irresponsible officials and civil servants who cause difficulties and troubles for people and businesses.

Nguyen also suggested conducting inspection once a year, and punish agencies and individuals that carry out inspections without reporting and having an annual inspection plan.

Hoa Binh supports enterprises to accelerate growth in remaining months of 2024

In the first half of 2024, Hoa Binh province granted new business registrations for 210 enterprises with a total registered capital of more than 4.75 trillion VND (187.5 million USD), an increase of 12% year on year, the provincial Department of Planning and Investment has reported.

Hoa Binh province promotes role of working class

The working class in Vietnam in general and Hoa Binh province in particular, has made significant strides in terms of quality and making practical contributions to the country's industrialisation and modernisation process. Establishing a well-organised working class that has professional skills, firm political mettle, capable of leading the innovation process, and actively integrating into global trends of globalisation, is the responsibility of the entire Party and political system. However, there are numerous challenges that hinder the robust development of the working class.

Preferential loans yield fruits

Accessing preferential loans from the Vietnam Bank for Social Policies (VBSP), many households in Tan Lac district have escaped poverty and many students progressed on their quest for knowledge.

Collecting the “sweet fruits” from the preferential capital

The companionship of the preferential loans from the Bank for Social Policies (VBSP) has helped many households in Tan Lac district escape poverty sustainably. Along with that, the policy capital has accompanied with many students in their journey to seek knowledge until they achieve the "sweet fruits”.

Hoa Binh province gets bumper crop

In the 2023-2024 winter-spring crop, despite unfavourable weather conditions and negative impacts of market, Hoa Binh has basically achieved targets and even exceeded the yearly plan due to the fact that production direction and preparation of production material was carried out early.

Nearly 4,700 hectares of land have been consolidated in the whole province

Implementing the criteria on the form of production organization in the program for building New Rural Areas, the Party committees and the provincial authorities at all levels have strengthened the direction and implementation of land consolidation and land exchange.