(HBO) - A delegation of Japanese businesses led by Yuseke Shimojima from the Tokyo Chamber of Commerce and Industry came to Hoa Binh province on March 5 to learn about investment opportunities.
The working session with the delegation was attended by member of the Party Central Committee and Secretary of the provincial Party Committee Bui Van Tinh, Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Tran Dang Ninh, and Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Nguyen Van Quang.
Through the meeting, the Japanese side aimed to gain an insight into the local situation and seek investment chances. They expressed their interest in such fields as real estate, electronic component production, and other industrial areas.
An overview of the meeting.
At the event, the two sides discussed the province’s potential and advantages, along with its investment attraction policy and opportunities. The Japanese firms studied investment incentives, prioritised fields, and human resources for investment projects.
Secretary of the provincial Party Committee Bui Van Tinh spoke highly of their interest in Hoa Binh. He suggested them consider investing in potential and strong areas of his province such as eco-tourism, cultural tourism, leisure tourism; hi-tech agriculture; industrial park infrastructure; supporting industries; new material production; and ecological residential areas.
Hoa Binh is pushing ahead with reforming its business environment. It pledges to assist businesses and investors to successfully implement their projects for the sake of sustainable development of both the province and enterprises, he added.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
