HBO - As many as 100 businesses were established in the northern province of Hoa Binh in the first three months of this year with a total registered capital of 3 trillion VND (129.5 million USD). The figures represented year-on-year rises of 11.2 percent and 20 percent, respectively.
BanDai Vietnam Company operates smoothly, generating jobs for
hundreds of local labourers.
Statistics showed that 10 businesses registered
to open branches and representative offices. The province granted business
registration certificates for 264 enterprises. Forty firms registered to halt
operation while eight others voluntarily dissolved.
The province continued stepping up the
arrangement and reform of businesses in addition to completing procedures to
equitise road sections and public non-business units as regulated.
In January-March, the province had five new
cooperatives and three cooperative groups.
So far, it is home to one cooperative union, 315
cooperatives (including 281 active ones), and 262 cooperative groups
(encompassing 257 active ones)./.
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.
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.