(HBO) – As Chairman of the Hoa Binh Province Business Association, Nguyen Cao Son sees many achievements made by the provincial business community in contribution to local development. He said in an interview with the Hoa Binh Newspaper on the occasion of the Vietnam Entrepreneurs Day that local businesses have managed to overcome difficulties and foster production under the spirit of patriotism, confidence, solidarity, dynamism and creativity.

Sanko Co., Ltd in the Da River Left-bank Industrial Park has created jobs for hundreds of local workers.

 HBN: Could you please explain the meaning of the Vietnam Entrepreneurs Day?

 Nguyen Cao Son: Late President Ho Chi Minh on October 13, 1945 wrote a letter to Vietnam’s industry and trade circle, saying that "the circle must work to build a strong and prosperous finance industry and economy." He noted that "public work and private interests always bind together and a prosperous economy mainly owes to the prosperity of businessmen and traders.”

 The Government on September 20, 2004, therefore, decided to name October 13 as the Vietnam Entrepreneurs Day to honour the business community which leads the efforts to create jobs, reduce poverty and contribute to the nation’s industrialization and modernization. The community have also largely contributed to the State budget and volunteered in many charity events.

 HBN: Could you please highlight key achievements of the province’s Business Association and the local business community?

 Nguyen Cao Son: The local business community has made great efforts to fulfill the province’s socio-economic development goals over the past years. The community has developed in terms of quantity and quality, with improved management capacity and efficiency and expanded production. Its role has hereby been heightened in the province.

 Enterprises have generated tens of trillions Vietnam dong in revenue every year and helped create jobs for local residents and reform the province’s socio-economic structure. Many of them have received prestigious awards such as "Sao Vang Dat Viet” (Golden Star of Vietnam), "Sao Do” (Red Star) and labour medals and merit certificates handed by the Government and local authorities.

 HBN: Could you please say more about what the association has done and is planning to promote the tradition of Vietnam’s businessmen?

 Nguyen Cao Son:The association targets to a bigger business community in the future. To this end, it has been working with local authorities to improve business climate and support the enterprises in accordance with the Government’s Resolution No.35.

 We have worked to enhance our organizational structure and operational effectiveness and train enterprises and investors on the government’s policies and regulations. We have also put forward recommendations to relevant authorities to resolve difficulties for the firms and worked with the Government to provide support for them in terms of public administrative reforms, finance, credit, interest rate and tax exemption.

 We have worked towards an open, friendly business environment and helped the business community to develop sustainably.

Related Topics


Luong Son district develops industry, handicraft

Currently, Luong Son district counts 905 business establishments operating in industry and handicraft, helping generate jobs and stable incomes for local labourers.

Hoa Binh scores highest points in two indicators of PAR Index 2023

Hoa Binh scored the highest points in two out of the eight indicators of the Public Administrative Reform (PAR) Index ranking in 2023 that the Ministry of Home Affairs announced on April 17.

Hoa Binh’s potential, strengths popularised in US, Canada

A working delegation from Hoa Binh province led by Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh is attending a programme to popularise Vietnamese products in the US and Canada on April 20-28.

Kim Boi district maintains stable, sustainable economic development in forestry

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.

Hoa Binh Power Corporation gears up for hot season

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.