(HBO) – The association of businesses in the northern mountainous province of Hoa Binh has held a meeting to mark the Vietnam Entrepreneurs’ Day (October 13).
The meeting saw the participation of Bui Van Tinh, member of the
Communist Party of Vietnam Central Committee, Secretary of the provincial Party
Committee and Vice Chairman of the provincial People’s Committee; Dr. Nguyen
Van Than, President of the Vietnam Association of Small- and Medium-sized Enterprises
(VINASME); Tran Thi Lan Anh, Deputy General Secretary of the Vietnam Chamber of
Commerce and Industry; officials from the provincial People’s Council, People’s
Committee, Vietnam Fatherland Front’s Hoa Binh chapter and local departments,
along with representatives of nearly 1,000 businesses in Hoa Binh.
Nguyen Cao Son, President of Hoa Binh’s association of businesses,
reported that over the past years, both quantity and quality of enterprises and
entrepreneurs in the province have increased rapidly, and business operation
has changed in line with the locality’s economic structure transformation,
tilting towards industry and services.
Besides, businesses have seen their operational efficiency and
competitiveness improved, and affirmed their pioneering role in the economic
sphere, contributing to fulfilling the locality’s socio-economic development
targets.
The association has organised a range of activities in Hoa Binh
city and 10 districts with the participation of five of its chapters and 12
organisations, and nearly 1,000 enterprises.
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Secretary of the Party Committee of Hoa Binh province Bui Van Tinh
and a VINASME representative present certificates of merit to businesses.
The association has also successfully performed external
activities and held working sessions with major firms and groups to introduce
investment potential of Hoa Binh in tourism and agriculture. Additionally, it
has assisted enterprises in the locality to raise administration capacity for
sustainable production and business, and launched many emulation movements.
The association has teamed up with departments and agencies in Hoa
Binh to organise dialogues with businesses to help them overcome difficulties
in production and business. The enterprises generate tens of trillions of Vietnam
dong, pay trillions of Vietnam dong to the State budget each year and offer
jobs to thousands of labourers, contributing to the local socio-economic
structure shift.
On this occasion, the association called on the businesses to
raise a fund of nearly 2.5 billion VND in support of poor students with
outstanding academic achievements./.
Hoa Binh city is transitioning to modern and sustainable agriculture by leveraging its natural advantages to efficiently develop crop cultivation and animal husbandry. The city is applying scientific and technical advancements to farming, processing, and distribution while expanding export markets, significantly increasing production value and incomes for farmers.
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
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.