Trucks assembled in MAZ Asia joint venture. (Photo: maz.by)

A US$60 million deal on supplying trucks and specialised cars and memorandum of understanding on establishing a dairy plant in the province were signed on the day.

joining in free trade agreements has opened up opportunities for collaboration between the two countries, Deputy PM Semashko said, recommending that Belarus and Vietnam should set up more joint ventures based on the principal of mutual benefits.

The Belarusian Government chose Hung Yen as the location for MAZ Asia joint venture to manufacture and assembly automobiles and the dairy plant, he said, adding that it is considering the construction of a bus assembling factory in the province.

Secretary of the provincial Party Committee Do Tien Sy lauded Belarus’s socio-economic achievements, especially in automobile industry, agriculture and dairy and farm produce processing, expressing his hope that Belarus will land more high-tech projects in the province to boost its development.

Meanwhile, Chairman of the provincial People’s Committee Nguyen Van Phong said that the province is focusing on developing infrastructure and industrial parks to lure more investments.

Currently, the province is home to 11 industrial parks, accommodating over 1,700 domestic and foreign projects, he said.

Phong suggested the Belarusian side invest in a fertiliser plant in the province while creating favourable conditions for Hung Yen to ship its agricultural products to the nation.

Hung Yen will create optimal conditions and adopt preferential policies so that Belarusian projects can become operational soon, he stressed.

Related Topics

Hoa Binh’s trade surges in May, exceeding 334 million USD

Hoa Binh empowers farmers to embrace innovation for sustainable growth

Over 272.000 tons of agricultural, forestry, and aquatic products exported in 3 years

Bangana lemassoni farming promoted in Mai Chau district

---

Hoa Binh fast-tracks new-style countryside development with strong base

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.

High tech seen as key to sustainable farming in Hoa Binh

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.

Hoa Binh reviews progress on key provincial projects

The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments

Hoa Binh attends "Meet Korea 2025" event

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 revives local heritage through OCOP programme

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.

OCOP Hoa Binh: Awakening local excellence - Journey from tradition to market

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.