(HBO) – Hoa Binh Clean Water joint Stock Company is conducting State capital divestment. Most of the share offering sessions have attracted particular interest from investors. So far, the company has divested 60 percent of the State shares and the process is expected to be completed in 2018.
Workers of the Hoa Binh Clean Water joint Stock Company are
operating a pumping station in the left bank of Da River in Hoa Binh city.
In March 2009, the provincial People’s Committee issued Decision No.539/QD-UBND
approving the transfer of Hoa Binh Clean Water one member limited liability
company to Hoa Binh Clean Water joint Stock Company.
After conducting equitisation, the company had sold its shares at preferential
prices to employees. Each share is worth 10,000 VND. However, the number of
officials and workers holding shares was inconsiderable (less than one
percent).
The company is operating under the business registration certificate No.
5400108279 and has raised its chartered capital for the third time to over 66.7
billion VND from 61.1 billion VND after the assets of water plants in Lac Thuy
and other districts were merged into the company’s State capital.
It is mainly active in the field of clean water supply, treatment and
exploitation. Key services include providing clean water for households and
production businesses in Hoa Binh province.
Since 2005, the company has provided water bottles of 0.5 liters and 19 litres.
It also installed and repaired water supply facilities to meet the demand of
locals.
Its revenues in 2017 reached over 55.19 billion VND (2.3 million USD),
including 48.88 billion VND (2.08 million USD) from clean water or 88.56
percent of the total, and 5.33 billion VND (227,812 USD) from installing and
repairing water pipes or 9.67 percent.
According to Chairwoman of the Board of Hoa Binh Clean Water joint Stock
Company Nguyen Thi Hoa said the company put nearly 6.8 million shares worth
66.8 billion VND (2.8 million USD) for sale on the Unlisted Public Company
Market (UPCoM) on July 18, 2018./.
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 People's Committee of Hoa Binh Province has issued Plan No. 93 on supporting small and medium -sized enterprises (SMEs) in the province in 2025. Accordingly, it has decided to allocate VND 3.5 billion from the central budget to support these businesses.
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.
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