(HBO) - In the first six months of the year, Hoa Binh authorities approved 12 investment projects, including 11 domestic ones with a combined registered capital of 252.39 billion VND (10.96 million USD) and one foreign direct investment project worth 6.5 million USD. Meanwhile, one project was terminated.
Easing difficulties brought by COVID-19, Antona JSC at Luong Son industrial park, which specialises in children’s toys, has maintained production and created stable jobs for workers.
The province now has 607 projects, of which 42 are FDI ones of 602 million USD, and the rest are domestic projects worth about 87.65 trillion VND.
Local IPs are home to 102 approved projects, comprising of 27 FDI projects worth 527.35 million USD in and 75 domestic ones of more than 10.83 trillion VND.
To improve business and investment climate, the Hoa Binh People’s Committee has ordered stepping up communications and information provision online in the latter half of the year, in an effort to attract investment in the province; and support for local firms in joining investment and trade promotions, along with revoking stagnant projects to attract potential investors.
Relevant agencies are also asked to keep a close eye on firms’ operations in a bid to promptly address bottlenecks, especially for those who are hardest-hit by COVID-19./.
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.
