(HBO) – At the end of 2018, industrial parks in the northwestern province of Hoa Binh were home to 87 projects, including 23 foreign direct investment (FDI) ones with a combined registered capital totalling 605.4 million USD and 64 domestic projects capitalised at 7.25 trillion VND (312.9 million USD).
Currently, 16 out of the 23
FDI projects are operating well.

The Transon company in the Luong Son Industrial Park generates
jobs for 1,000 workers.
In 2018, FDI projects
earned about 614 million USD in revenue and 596 million USD in exports, and created
stable jobs for 15,700 labourers. Meanwhile, their import values stood at 502
million USD and the projects contributed 4.33 million USD to the State budget.
All figures recorded surges of 110-126 percent year-on-year.
Hoa Binh province has
launched solutions to address difficulties in production and , as well as
provided refresher courses for local workers. The province also bolsters
infrastructure investment and prepares land to attract investment and support
prompt and efficient operation of businesses, thereby contributing to stable
job creation, State budget collection and sustainable economic restructuring of
the locality./.
(HBO) – With 10 projects and 36 subprojects, Hoa Binh's project on socio-economic development in ethnic and mountainous areas programme for 2021-2025 has significantly contributed to boosting economic growth, helping reduce poverty sustainably among ethnic people in the province.
(HBO) – The Thai Binh Tourism Co. Ltd, an affiliate of Pacific Group, held a ceremony in Phu Nghia commune, Lac Thuy district, Hoa Binh province, to start the construction of works in Hoa Binh section of the Huong Binh cable line project.
(HBO) - On May 26, Mr. Quach Tat Liem, the Vice Chairman of the Provincial People's Committee and the leaders from a number of departments and branches worked with the delegation of European Union in Vietnam, led by Mr. Mario Ronconi, the Director General in charge of South Asia - Southeast Asia at the Asia - Pacific - Middle East Department under the General Department of International Partnership as the head of the delegation, to introduce and discuss the potentials and strengths of the locality as well as the cooperation opportunities between Hoa Binh and European Union.
(HBO) - The Department of Economic Cooperation and Rural Development under the Ministry of Agriculture and Rural Development, Hoa Binh province’s Department of Agriculture and Rural Development, the People's Committees of Lac Son and Yen Thuy districts, and Fusa Organic Agriculture joint Stock Company on May 20 signed a strategic cooperation agreement on implementing a pilot project to build a material area of agricultural and forestry products that meet standards for domestic consumption and export in Hoa Binh province in the 2022 – 2025 period.
(HBO) - In recent years, farmers in Ngo Luong commune, Tan Lac district, have focused on raising animals native to the land, hence the formation of products imbued with the local identity, serving the future growth of tourism.
(HBO) – Over the years, the Hoa Binh Cooperative Alliance have rolled out various measures to support local cooperatives to develop farm produce production and selling chains, thus promoting the economic transition process, creating jobs and improving income for local farmers.