(HBO) – The Party Committee and People’s Committee of Hoa Binh province are carrying out measures to mobilise capital for development investment and remove difficulties facing production and business activities so as to promote economic growth.
The
resolution of the 16th provincial Party congress for 2015-2020 has set the
target of an annual GRDP growth rate of at least 8.5 percent. By 2020, the
proportion of industry-construction in the local economy will increase by 10.44
percent, agro-forestry-fisheries down 6.32 percent, and services up 4.12
percent.
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The Hoa Binh Knitting JSC, based in the Da River Left
Bank Industrial Park of Hoa Binh city, has provided jobs for more than 400
local residents.
To that end, the provincial People’s Committee
has assigned concrete tasks to departments, sectors and localities to tackle
difficulties and boost growth.
The Department of Finance has to mobilise
additional funding for development investment and cut down regular spending
while still ensuring capital for the implementation of social policies in line
with principles and allocation plans.
The Hoa Binh branch of the State Bank of Vietnam
needs to direct local credit organisations to facilitate businesses, cooperatives,
cooperative groups and households’ access to credit sources. It also has to
encourage credit organisations to open transaction points in rural areas to
meet local credit demand.
Meanwhile, the Department of Agriculture and
Rural Development has to give counseling in terms of farmland use restructuring
while keeping the current area of cultivation stable. It also needs to guide businesses,
cooperatives, business households and farmers in developing production in
accordance with plans and applying high technology, thus improving product
quality and minimise unplanned agricultural practices. Additionally, the agency
needs to carry out solutions to link production expansion with the market’s
demand.
The Department of Industry and Trade is
requested to take measures to boost export and expand markets while
coordinating with the customs department and relevant agencies to simplify
administrative procedures for export-import activities. The department was also
told to improve the management of industrial and mining activities and work
with the Hoa Binh Power Company to build power supply plans to meet economic
and daily activities.
The Department of Construction will have to
review and deal with difficulties facing the projects exploiting limestone for the
production of building materials so that these projects can be resumed.
The Department of Natural Resources and
Environment needs to propose solutions to solve land disputes between
businesses and local residents in order to harmonise both sides’ interests and
ensure people’s livelihoods. It was also directed to create clean land for
investment attraction.
The Hoa Binh management board of industrial
parks was ordered to overhaul the planning of industrial parks and support the
projects already granted with investment certificates to accelerate their
implementation.
Besides, the provincial People’s Committee
assigned the Department of Transport to assist provincial leaders in proposing
the Ministry of Transport supplement the upgrade of National Highways 70 and 15
to the public investment plan. The agency was also asked to enhance
coordination with Son La province to speed up the construction of Hoa Binh –
Moc Chau highway.
Meanwhile, the People’s Committees of
district-level localities were demanded to resolve obstacles in site clearance
in a timely manner to make land ready for public investment and socio-economic
development projects. They were told to carry out administrative reforms in a
more substantive manner to facilitate people and businesses’ activities./.
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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