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
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.