(HBO) – As many as 200 businesses were set up in the northwestern province of Hoa Binh in the first six months of the year, representing a rise of 20.47 percent year-on-year.
The combined registered capital of those firms amounted to 2.8 trillion VND (121.34 million USD), up 169.67 percent.
Esquel
Vietnam,operating in Luong Son Industrial Zone, creates jobs for 4,000
labourers.
Relevant authorities handled procedures for 38 firms to register their
branches and representative offices. They also issued changes of business
registration certificates for 453 firms.
In the period, 72 enterprises halted their operations and 25
others had their certificates revoked, with seven of them voluntarily
dissolved.
The province has instructed the completion of the equitisation to
turn the Road management Section I into the Hoa Binh Traffic Construction joint
Stock Company, as well as the continuation of the first public offering of the Road
management Section II.
Procedures to change agricultural companies into limited companies
with at least two members are also in preparation, while a plan to divest the
Hoa Binh clean water joint stock company in 2018 is underway.
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.
