Bright signals seen in business environment improvement

4/18/2019 - 5:47:52 PM

HBO - In the years of 2016 and 2017, Hoa Binh ranked 52nd out of the 63 localities in provincial competitiveness index (PCI). The respective points in 2016 and 2017 were 56.8 and 59.42. According to statistics by the Vietnam Chamber of Commerce and Industry, in 2018, the province posted 61.73 points, rising to the 48th position out of 63 cities and provinces, four positions higher than that of 2017.

The improvement in the PCI ranking is resulted from the drastic leadership and direction of the provincial Party Committee, People’s Committee as well as comprehensive measures in the field.

In 2018, the province issued a decision assigning provincial leaders to direct key projects and deal with obstacles in the process of implementing the projects in order for them to become operational soon. In its plan to improve the business environment and competitiveness, the province tasks agencies to monitor and improve component indexes of the PCI. The People’s Committee of the province has issued a dispatch on the implementation of a number of solutions to raise unofficial indexes.

Thanks to the favourable conditions in land, Vinh Ha company has focused on building residential areas at Dong Tien ward of Hoa Binh city

All difficulties and obstacles facing investors and businesses have been settled by the local administration through dialogues and direct working sessions with each enterprise. The provincial People’s Committee has directed the reviewing and announcing of the list of newly-issued administrative procedures as well as revised and supplemented ones, along with cancelled procedures in investment, land use, construction and business operations by departments, agencies and the People’s Committees of district and cities. Hoa Binh has made public administrative procedures, planning and development plans of the province.

The provincial Party Committee and People’s Committee have directed the arrangement and completion of administrative agencies, enhancing the operational quality and efficiency of the public administrative centre and trade, investment and tourism centre.

Meanwhile, the province has modernized its administrative system, while building the e-government. It has applied a software to monitor and supervise professional agencies during their operations.

In 2018, the province saw 57 projects licensed, including 54 domestically funded worth 13.44 trillion VND and three foreign invested with a combined registered capital of 200.24 million USD./.

Rich and Flavorful Honey of Dao Village

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.

Lac Thuy district prioritises resources for industrial, handicraft development

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.

Phu Thanh implements organic practices in tea production

Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.

Hoa Binh works hard to accelerate progress of key projects

Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.

Hoa Binh achieves record-breaking economic growth in Q1

Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.

Hoa Binh focuses on building strong OCOP brands for sustainable growth

Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.