Over VND534 trillion has been pumped into the national economy thanks to the establishment of more than 18,000 enterprises and the capital expansion of nearly 6,000 others over the first two months of 2018.

Illustrative image.
According to the General Statistics Office (GSO), the country
witnessed the establishment of more than 18,703 firms in the first two months
of the year which drew a total registered capital of more than VND197 trillion,
up 29.4% in the number of enterprises and beyond 29% in terms of registered
capital compared to the corresponding period of 2017.
The total number of workers employed at
newly established enterprises was more than 156,000.
During this period, nearly 6,000
enterprises have registered to increase their capital with a total supplemented
capital of over VND337 trillion which has helped to raise the total newly
registered and supplemented capital of enterprises to over VND534.6 trillion in
two months.
In addition, 6,878 enterprises have
resumed their operations during the period, raising the total number of newly
established firms and firms returning to operations to more than 25,600
enterprises.
In the first two months of the year,
more than 2,500 enterprises have filed to dissolve, up 0.2% over the same
period last year, meanwhile more than 17,000 enterprises have suspended their
operations, up 4.5%.
Source: NDO
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.