(HBO) – Hoa Binh province is estimated to have about 300 newly-established businesses in the first nine months of 2017, up 51 percent compared to the same period of 2016. The new firms have registered a total capital of 3.96 trillion VND, 2.66 times higher than last year.
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Single-window division of the
provincial Department of Planning and Investment at the province’s Public
Administrative Centre creates good conditions for organisations and individuals
to register business.
The province also made amendments to
business registration certificates for 420 companies. As many as 90 firms
suspended operation while 10 enterprises had their business registration
certificates revoked and 282 others have been deleted from the list of
businesses operating in the locality.
It also completed plans for equitising the road
management agency of the provincial Department of Transportation and the
state-owned Cao Phong Bio-fertilizer Factory, managed by the Department of
Science and Technology.
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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