(HBO) – Located on a hill in Hoa Nghia Ward, Hoa Binh City, Hoa Binh Biopharm JSC has actively applied science in agriculture, especially medicinal herb farming.
The firm was established in July 2013 and a few months later in
2014, it took a brave step to start a study on multiplying and cultivating
cordyceps on organic substances.
On April 10, 2014, it received Certificate No.1/DNKH from the
provincial Department of Science and Technology recognizing it as a company of
science and technology, the first of its kind in the province.
Since then, the department has been creating many opportunities
for the firm in its research and development.
Workers
of Hoa Binh Biopharm JSC tend cordyceps.
The firm’s director Dang Thi Phuong Hao said that the company has
completed the study on multiplying and cultivating cordyceps on organic
substances in May 2015; and its findings were verified and recognised by the
provincial science council. Since then, the company produced hundreds kilogrammes
of fresh cordyceps every year to supply for the production of medicine and
supplementary foods in some domestic pharmaceutical enterprises.
Hoa Binh Biopharm also has its own cordycep products which were
tested on guinea pigs at the Hanoi Medical University and proven to be safe for
human.
The company has been conducting various studies on multiplying and
cultivating several indigenous orchids, morinda officinalis, solanum
procumbens, Yacon, golden eye-grass, jiaogulan, Ming aralia, and dioscorea
hamiltonii./.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
