(HBO) – Amid complicated developments in the world and domestic economic situations, Hoa Binh province has been implementing many solutions, creating favourable conditions and gradually ensuring the sustainable development of the business community and entrepreneurs.
Bui
Van Khanh, Deputy Secretary of the Hoa Binh Provincial Party Committee,
Chairman of the provincial People's Committee and other leaders of agencies
visit CAP Global Co. Ltd. at Luong Son Industrial Park
There were 4,296 enterprises in the province by the end of last
year. Half of them (2,143 enterprises) were engaged in the industry and
construction sectors. Commercial and service firms (1,679) accounted for 39.1%
while agricultural, forestry and fishery enterprises (312) made up 7.3%. Those
of other sectors accounted for 3.8%. These businesses have contributed to
helping thousands of people have stable jobs. Most of the enterprises are small- and micro-sized enterprises. They contribute
over 2.3 trillion VND (97.3 million USD) to the State budget per year.
In addition to limitations related to the scientific and technical level,
enterprises also faced many hurdles as the consumption market has not improved
much. It is still difficult for them to implement some supporting mechanisms
and policies of the Government.
Slow administrative reform in the fields of investment, construction and land
has caused many businesses to miss their investment opportunities, while others
have faced difficulties relating to land compensation and site clearance.
A lot of leaders of enterprises haven’t undergone training relating to
financial and human resource management, marketing and business strategy
building. Some investors still lack financial capacity and do not have high
responsibility for the projects' implementation.
To facilitate enterprises’ performance, in the coming time, Hoa Binh will
continue to adopt solutions to improve the provincial competitiveness index,
focusing on attracting investment. It will promote the development of infrastructure, especially in the field of
transport as well as the establishment of new businesses with credit and tax
incentives.
Administrative procedure reform will be sped up along with the application of
information technology in management. Commercial banks will be asked to handle shortcomings, especially bad debts so
that businesses can access loans and generate jobs.
Hoa Binh will strengthen the management of basic construction investment,
accelerate the disbursement of investment capital for projects which are funded
by the State budget and national target programmes, and contribute to
increasing the sales of construction materials produced in the province./.
(HBO) -The Office of the Hoa Binh provincial People's Committee has just issued Notice No.3402/TB-VPUBND on the conclusion of the Chairman of the provincial People's Committee at the meeting of the provincial steering committee for improving the investment and business environment and provincial competitiveness index (PCI).
(HBO) – The authority of Lac Son district is striving to improve the District and Department Competitiveness Index (DDCI), aiming to improve the business and investment environment, thus attracting more businesses and investors to the locality.
(HBO) - On May 13rd, the Provincial Business Association hosted a conference on association, cooperation and development of Business Associations in the provinces of Hoa Binh, Son La, Dien Bien, Lai Chau with the theme "Sharing the mechanisms and policies to support the businesses in the Northwest mountainous provinces”; signing a cooperation agreement on the legal support for businesses between the Center of Vietnam International Arbitration and the Business Associations of 4 Northwest provinces.
(HBO) – Hoa Binh province’s State budget collection was estimated at 253.3 billion VND (10.79 million USD) in April, equivalent to 15% of the target assigned by the Resolution of the provincial People's Council, according to a report by the provincial People’s Committee.
(HBO) – Farmers in Dong Lai commune in Tan Lac district have successfully piloted and are expanding the model of off-season red flesh dragon fruit farming as it helps increase income and improve people’s living conditions.
(HBO) – In the 2022 Provincial Competitiveness Index (PCI) announced by the Vietnam Chamber of Commerce and Industry (VCCI) in early April, Hoa Binh ranked 53rd out of the country's 63 provinces and cities with a total score of 62.81 points, up 9 places compared to 2021. This result reflected efforts of the whole political system in reforming administrative procedures and improving the local business investment environment.
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