HBO – From the start of 2019, the north western province of Hoa Binh approved investment proposals for 14 projects of domestic investors with registered capital worth nearly 1.58 trillion VND (68.31 million USD), up 1 project and 954.7 billion VND in capital compared to the same period last year.
By the end of the year’s first quarter, the
province is forecast to have 536 investment projects in total, including 38
foreign direct investment projects with 625 million USD in registered capital
and 498 domestic ones with capital of about 67.9 trillion VND (2.9 billion USD).
As
many as 50 projects have become operational in industrial parks in Hoa Binh,
contributing to tate budget collection and creating jobs for local people.
Photo: Hoa Binh Knitting Company, based in the industrial park on the left bank
of Da River, generates jobs for 400 workers.
There were 88 projects receiving licences
to operate in the province’s industrial parks. Of the number, 25 projects are
FDI ones with registered capital worth 573.98 million USD and 63 domestic
projects capitalised at about 7 trillion VND.
Up to 50 projects across the province have
begin operation, creating jobs for about 17,250 labourers.
Anyone found to be encroaching upon the forest, even if it is just one bamboo shoot, will face penalties. This commitment has been unanimously added into the covenant of Bua Cau hamlet, Hung Son commune in Kim Boi district, to protect the forest.
The Hoa Binh Power Corporation (PC Hoa Binh) has applied synchronous measures to gear up for the coming summer season when power consumption demand surge may cause a risk of power supply disruption.
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.
