Prime Minister Pham Minh Chinh and other participants present flowers to investment certificate recipients at the event.

Addressing the event’s opening ceremony, Nguyen Phi Long, Secretary of the provincial People’s Commitee said Hoa Binh province has a very important geopolitical-economic position. It is located at the western gateway of Hanoi's capital. Hoa Binh city, the province’s centre, is over 70km far away from Hanoi and 170km from Hai Phong city, he said, adding that this is an important condition to attract investment.

With specific advantages in terms of climate and geography, Hoa Binh province has been developing agriculture in a safe and effective way with the preservationof the cultivated area of agricultural products with well-known registered trademarks such as Cao Phong orange and Tan Lac red grapefruit.

Under a development plan, which was approved by Prime Minister, Hoa Binh will have eight industrial parks covering over 1,500ha.

Regarding tourism, the province has a lot of potential to develop various forms of tourism including eco-tourism, resort, cultural and spiritual tourism, especially Hoa Binh Lake tourist area, which has been designed as a national tourist site. Hoa Binh strives to become an attractive destination with typical tourism products as well as a major tourist centre of the northern midlands and mountainous regions.

The provincial leader affirmed that local administration always accompanies investors in their development.

In his remarks at the conference, the Prime Minister said that Hoa Binh boasts many advantages for comprehensive socio-economic development, especially in industrial and agricultural sectors with the application of high technology.

To tap the potential and promote investment attraction, the PM suggested the province improve the business investment environment and remove difficulties for businesses and investors.

Chinh underlined the need to push up the implementation of three strategic breakthroughs namely basic infrastructure and integrated transport infrastructure, administrative reform and improvement of human resources quality to meet the requirements of investors.

Investors were urged to pour investment in sustainable areas in line with the province's advantages, focusing on emerging industries such as digital transformation, digital economy and green economy.

At the conference, Hoa Binh authority handed over investment certificates to investors of 15 projects with a total investment of over 47 trillion VND (about 2 billion USD)./.

Related Topics

Hoa Binh accelerating disbursement of ODA, foreign concessional loans

The man who promotes Kim Boi district’s fruit brand

Q1 disbursement of public investment funds reach 15% of yearly plan

Hoa Binh works hard to boost farm exports

---

Hoa Binh jumps 23 places in 2023 PAPI

Hoa Binh province scored 43.5493 points in the 2023 Provincial Governance and Public Administration Performance Index (PAPI), ranking 20th out of the 63 provinces and cities nationwide, up 23 places compared to the 2022 list.

Clean Da River fish – Three-star OCOP products in Tien Phong

Export turnover in March of Hoa Binh province is estimated at 160.596 million USD

Export turnover in March of Hoa Binh province is estimated at 160.596 million USD, up 0.65% compared to the previous month; accumulated in the first quarter of 2024 reached 477,568 million USD, an increase of 36.39% over the same period, reaching 23.88% of the yearly plan.

State budget collection tops 52.26 million USD in three months

More than 1.3 trillion VND (52.26 million USD) had been collected to the state budget in January, accounting for 153% of the amount recorded in the same time last year, statistics from the provincial People’s Committee showed.

Businesses, cooperatives make great contributions to Lac Son district’s growth

With a rise in number and improvement in production and business efficiency, companies, cooperatives, and business households in Lac Son commune have made important contributions to the transformation of economic structure and economic growth of the locality, creating jobs, joining hands in dealing with social issues, and helping increase State budget collection of the district.

Kim Boi multiplies models of outstanding farmers

Kim Boi district of Hoa Binh province has identified the movement to encourage farmers to emulate in production and business, unite to help each other get rich and reduce poverty sustainably as one of the three key emulation movements, according to Chairman of the district Farmers' Association Nguyen Manh Hung.