According to the report of the Provincial People's Committee, from the beginning of the year to the end of October, in the whole province there have been 45 off-budget capital investment projects the investment policies of which has been approved with a total registered investment capital of about 20,000 billion VND. There have been 760 projects in the provincen so far; there are 36 foreign direct investment projects with a total registered capital of about 608 million USD and 724 domestic investment projects with a total registered capital of about 275,000 billion VND.
GGS Vietnam Co., Ltd. is a 100% foreign-invested
enterprise, producing and doing business effectively in the industrial park of
the left bank of Song Da (Hoa Binh City).
There are 5 new projects investing in the industrial
parks. The revenue from the production and business activities of the
enterprises in the industrial parks is estimated at 22,000 billion VND,
increasing 6% compared to that of the same period last year, reaching 100% of
the assigned plan; creating new jobs for 1,300 local people.
In addition, since the beginning of the year, there
have been 440 newly registered enterprises with a total registered capital of
5,200 billion VND in the whole province; Compared to the same period last year,
the number of new businesses decreased by 8.71%, the registered capital
decreased by 45.2%. There are 200 enterprises registered to temporarily suspend
production and business activities; 950 businesses temporarily suspended
operations without registration or awaiting dissolution; 160 businesses
returned to the market. Accumulated up to now, it is estimated to have 3,500
businesses operating in the economy in the whole province. The business
innovation arrangement continues to be implemented as planned.
Over recent years, the Farmers' Union of Mai Chau district has implemented numerous specific programmes and activities to support its members in developing products under the One Commune One (OCOP) programme. These efforts have contributed to enhancing local agricultural branding, increasing goods value, and improving incomes and living standards for residents.
Since 2022, the Hoa Binh Department of Education and Training has provided advice for the provincial People's Committee to issue Plan No. 219/KH-UBND on November 17, 2022, which outlines the implementation of a project titled "Enhancing the application of Information Technology (IT) and Digital Transformation in Education and Training for the 2022–2025 period, with a vision to 2030.” As of now, the local education sector has made significant progress in IT adoption and digital transformation.
Hoa Binh allocated over 30 trillion VND (nearly 1.18 billion USD) to develop infrastructure systems in ethnic minority and mountainous areas during 2019 - 2024. Priority was given to transport and irrigation infrastructure; markets; schools; medical stations; communal houses; and power grid, telecommunication, radio, and television systems.
The Hoa Binh provincial organising committee for anniversary activities on December 17 held a ceremony to unveil a ceramic mural on the local military-civilian ties and release a book on the Party and political work of the provincial armed forces during 1947 – 2024, in commemoration of the 80th anniversary of the Vietnam People’s Army (VPA) and 35th anniversary of the All-People Defence Festival.
In recent years, Hoa Binh has allocated significant resources to foster cooperative economy, helping ethnic minorities capitalise on their potential and advantages to escape poverty.
As a mountainous district still facing numerous challenges, Da Bac has made notable progress in advancing administrative reforms across various areas. The district has prioritised reorganising and streamlining its administrative apparatus, operating "one-stop-shop” units, and applying information technology (IT) in the handling of administrative procedures. Efforts have also been directed toward upgrading infrastructure and equipment to enhance service quality for residents and businesses.