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.
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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./.
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.