(HBO) - In April of 2018, the province decided to have a plan of investing in four domestic investment projects with a total registered capital of 97 billion VND, increasing the number of projects to be decided from the beginning of the year up to 18 projects with a total registered capital of 623 billion VND at present.
Workers of Sankoh Vietnam Co., Ltd - Lac Son district branch producing
electronic components for export service. Photo taken by H.T.
Accumulated up to now, the province has had a
total of 507 projects, including 36 foreign direct investment projects with
total registered capital of US $ 502 million and 471 domestic projects with a
total registered capital of VND 64,716 billion.
In the first four months of this year, 21
enterprises have registered new installments with a total registered capital of
122.7 billion VND; 7 enterprises have registered their branches and
representative offices; 56 enterprises have supplemented or changed the
contents of business registration certificates. Up to April 15th, 2018, 11
enterprises have registered to paused production and business activities.
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.
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