(HBO) – The Thai Binh Tourism Co. Ltd, an affiliate of Pacific Group, held a ceremony in Phu Nghia commune, Lac Thuy district, Hoa Binh province, to start the construction of works in Hoa Binh section of the Huong Binh cable line project.
Nguyen Phi Long, Secretary of the provincial Party Committee; Bui Duc Hinh, Standing Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Council; and Bui Van Khanh, Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee, present flowers to the investor.
Invested by the Thai Binh Tourism Co. Ltd, the project covers an area of about 35 ha, with a total investment of some 1.7 trillion VND (73.9 million USD), including a nearly 3km cable car line, two terminals, a customer service area, a pier, a restaurant, and a villa resort, among others.
It has been so far the most advanced transportation system imported from Austria. The project connects Huong Pagoda in Huong Son commune, My Duc district, Hanoi, with the Tien Pagoda in Phu Nghia commune, Lac Thuy district, reducing travel time between the two sites from 60 minutes by road to just 10 minutes, serving 1,500 - 2,000 passengers per hour, equivalent to 12,000 - 16,000 passengers per day.
The Huong Binh cable line is located in the low-lying area of the spiritual region encompassing Huong Pagoda (a special national cultural heritage site), Tien Pagoda (a national cultural heritage site), and the Tam Chuc pagoda complex (a national cultural heritage site). Scheduled to be operational in the fourth quarter of 2024, the project is expected to enhance transportation connectivity and enable tourists to explore the unique natural landscapes, contributing to the development of tourism, culture, and commerce and services in Hanoi, Hoa Binh, Ha Nam, and adjacent areas.
Speaking at the groundbreaking ceremony, Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh described Huong Binh cable line as a key project of the province. He asked the investor and construction units to continue ensuring the quality and effectiveness of the project, contributing to the local socio-economic development.
The Lac Thuy district’s Party Committee and authorities were assigned to regularly work with the investor to address any arising difficulties, thus ensuring that the project will meet schedule./.
(HBO) - Hoa Binh’s industrial production index in August 2023 increased by 17.65% compared to the previous month, but declined by 10.08% year-on-year, the provincial Statistics Office has reported.
(HBO) - In recent times, Lac Thuy district of Hoa Binh province has effectively implemented policies on investment incentives and administrative reform, helping lure investment in tourism and industrial clusters.
(HBO) – External relations of Hoa Binh province are being expanded and developed in a substantive and effective manner, helping mobilise and capitalise on resources for sustainable socio-economic development as in line with the resolution of the 17th provincial Party Congress (2020 - 2025 tenure). The province has held many meetings and working sessions with partners and organisations in and outside the province to bolster investment cooperation.
(HBO) – Hau Nhat farm in Hang Tram town in Yen Thuy district has more than 3,000 grapefruit trees and thousands of chickens.
(HBO) - In the first months of 2023, the province's agricultural exports showed signs of recovery as some of its products found ways into new export markets. To maintain export growth momentum, in addition to exploring potential markets and improving product quality, it is necessary for businesses and cooperatives to diversify agricultural products to meet market demand.
(HBO) – Amidst the sluggish economic recovery, the banking sector and credit institutions have made great efforts in removing difficulties while creating momentum for economic growth through the implementation of effective monetary policies.