HBO - As many as 100 businesses were established in the northern province of Hoa Binh in the first three months of this year with a total registered capital of 3 trillion VND (129.5 million USD). The figures represented year-on-year rises of 11.2 percent and 20 percent, respectively.
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BanDai Vietnam Company operates smoothly, generating jobs for
hundreds of local labourers.
Statistics showed that 10 businesses registered
to open branches and representative offices. The province granted business
registration certificates for 264 enterprises. Forty firms registered to halt
operation while eight others voluntarily dissolved.
The province continued stepping up the
arrangement and reform of businesses in addition to completing procedures to
equitise road sections and public non-business units as regulated.
In January-March, the province had five new
cooperatives and three cooperative groups.
So far, it is home to one cooperative union, 315
cooperatives (including 281 active ones), and 262 cooperative groups
(encompassing 257 active ones)./.
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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