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.
Prime Minister Pham Minh Chinh and
leaders of ministries, sectors and Hoa Binh province at the groundbreaking
ceremony.
In his speech, PM Chinh congratulated Meiko on its investment in the province
that boasts geographical advantages, inter-regional transport infrastructure,
abundant workforce and sound supporting policies, highlighting the project is
significant to the province’s development, economic structure shifting and job
generation for local workers.
At the ground-breaking ceremony.
Laying a stress on the motto of "harmonising benefits, sharing risks”, PM Chinh
affirmed that the Government and ministries pledged to have stable strategic
policies, create strategic infrastructure, including transport, electricity,
telecommunications, favourable conditions for investors and reform
institutions.
PM Pham Minh Chinh speaks at the ground-breaking ceremony.
He asked local leaders to direct settlement of administrative procedures and
removal of bottlenecks for Meiko, helping the firm and its contractors to carry
out the project, ensure labour safety and strive to complete it ahead of
schedule with good quality.
The government leader expressed his hope that the factory will make important
contributions to the province’s comprehensive development.
The Meiko Group's Vice Chairman Sakate affirmed that when the factory is put
into operation, it will generate some 300 million USD in revenue and 2,000 jobs
for local workers.
Meiko Group Vice Chairman Sakate at the ceremony.
Established in 1975 in Kanagawa prefecture, Meiko has become a leading
corporation in the world in manufacturing and assembling electronic circuits,
with six factories in Japan, two in China and many representative offices and affiliates
across the globe.
To date, it has invested over 800 million USD in four PCB factories in
Vietnam./.
On the occasion, Meiko donates 500 million VND (19,780 USD) to Hoa Binh
province in an endeavor to demolish temporary houses and dilapidated houses.
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.
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.
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.
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”.
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.
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.
