(HBO) - According to results released by the Vietnam Chamber of Commerce and Industry, in 2018, Hoa Binh province gained 61.73 points in the Provincial Competitiveness Index (PCI), up 4.93 points from 2016 and 2.31 points from 2017, and ranking 48 out of the 63 provinces and cities across the country.
The Hoa Binh Knitting JSC, based in the Da
River Left Bank Industrial Park in Hoa Binh city, has operated fruitfully and
created jobs for 400 people.
Among the 500 businesses of Hoa Binh chosen for
the PCI survey, 157 or 31.4 percent of them replied, including 32 firms
established in 2017 and 2018.
Sub-indexes showed that the province’s PCI last
year increased in both the score (up 2.31 points) and the ranking (up 4 places)
from 2017. As much as 71 percent of private businesses said the provincial
administration was flexible and creative in making initiatives to develop the
private economic sector; and 54 percent said the provincial People’s Committee
was very dynamic and creative in solving new problems. Meanwhile, 65 percent of
the interviewees said difficulties and obstacles were addressed in a timely
manner through dialogues and meetings with businesses (compared to the
nationwide average of 68 percent); 81 percent said they were satisfied with the
administration’s response to and settlement of problems they pointed out
(compared to the nationwide average of 77 percent).
These results reflect Hoa Binh’s efforts to
improve the local business environment over the past years. In 2018, the
provincial administration carried out many concrete solutions to improve its
governance quality and support enterprises and investors in clearing
administrative procedures and carry out investment activities.
In particular, the provincial Party Committee
has assigned local officials to direct the acceleration of key projects. The
provincial People’s Committee has seriously implemented the business climate
and PCI improvement plan, and tasked agencies with improving the sub-indexes
within their remit. The two committees have also organised regular dialogues
and meetings with businesses to solve difficulties and obstacles. Hoa Binh has
also paid attention to investment promotion and image popularization
activities.
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.
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.
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.
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 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.
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.
