Hoa Binh will deploy measures in a timely manner to remove obstacles for investors, prompting investment projects and creating favourable conditions for firms to access capital support, pledged a leader of the northern province.
Hoa
Binh presents emulation flags to 11 outstanding enterprises, and certificates
of merit to 20 other firms and cooperatives (Source: baohoabinh.com.vn)
Secretary
of the Hoa Binh Party Committee Bui Van Tinh made the commitment at a meeting
with representatives of more than 200 enterprises, cooperatives and investors
in the locality on February 20.
At the meeting, Nguyen Van Than, Chairman of the Vietnam Association of Small
and Medium Enterprises, noted that local firms paid over 1.9 trillion VND (81.7
million USD) towards the state budget in 2018, accounting for 78.8 percent of
the total budget collection in the province, helping boost Hoa Binh’s GRDP growth
to the 19th place among the 63 localities nationwide.
In 2018, the province saw the formation of 420 new companies and more than 110
branches and representative offices of businesses, along with 65 new
cooperatives with a combined capital of over 6 trillion VND.
At the same time, Hoa Binh attracted 57 domestically-invested projects worth
nearly 13.45 trillion VND, and three foreign-invested with a total capital of
200.24 million USD.
Than proposed that local firms and cooperatives review and reform their
management systems, while restructuring capital and business portfolio,
creating connection chains, and enhancing management capacity.
On the occasion, Chairman of the People’s Committee of Hoa Binh Nguyen Van
Quang presented emulation flags to 11 outstanding enterprises, and certificates
of merit to 20 other firms and cooperatives.
Source: VNA
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 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.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
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