(HBO) – Leaders of Hoa Binh province met with Japanese investors on July 10 to discuss cooperation opportunities in various fields, including agriculture and tourism in the locality.
Speaking at the meeting, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, expressed his pleasure to welcome Japanese businesses to invest in the province.
Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, speaks at the meeting.
He informed the guests of potentials, advantages and development orientation of the province and noted that Hoa Binh has advantages in developing agriculture, urban areas, services.
The official added that the province is focusing on implementing key traffic projects such as expanding Hoa Lac - Hoa Binh city road, regional linking road, Hoa Binh - Moc Chau expressway project; promoting administrative reform; and improving the business environment.
Steve Bui, Chairman of Denta Japan Company and Chairman of Steve Bui Foundation and Friends Fund, said that Japanese businesses are interested in investment cooperation in the fields of agriculture and tourism.
He expressed his hope that Hoa Binh will be a safe and effective destination for Japanese businesses, and wished that the province will create favourable conditions for enterprises to research and implement production and business projects, making positive contributions to socio-economic development of the province.
Representatives of Japanese businesses at the meeting said they will explore and research fields of agricultural processing and tourism, organise practical activities to celebrate the 50th anniversary of Vietnam-Japan relations, and strengthen connectivity and cooperation to introduce potential, policies and investment environment between Hoa Binh and Japan’s localities.
The two sides also discussed ways to boost investment cooperation opportunities with a focus on agriculture and tourism such as golf courses, planting and processing agricultural products, and mustard processing, among others./.
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.
