(HBO) – As part of efforts to realise the Resolution of the 12th National Party Congress and the resolution issued at the 16th provincial Party Congress which clarifies that businesses is the motivation for the economic development, over the years, Hoa Binh has created best conditions for the promotion of startup, creating smooth business and investment environment for them, while accompanying them during their operation, thus contributing to realising the goal of boosting the province’s growth in the integration period.
Bui Van Khanh, Chairman
of the People’s Committee of Hoa Binh and members of the working delegation
inspect the resettlement area of the Da River’s left bank industrial park in
Hoa Binh city.
Thanks
to the drastic direction of the province, over the years, the local business
community has expanded in both quality and number. The structure, scale and
operation areas of businesses have seen positive progress, suitable to the
economic structure transformation of the province.
The
key role of businesses in economic development has been affirmed, which has
contributed to completing the province’s socio-economic development.
Currently,
the province has had over 3,000 companies, mostly small and medium in size.
As
of September, the province had hosted 568 projects, including 528
domestically-run projects worth over 69.3 trillion VND, and 40 FDI ones with
combined capital of 584 million USD.
Over
the years, the provincial Business Association has showed active performance in
external relations activities, while calling on big businesses to introduce the
potential of the locality.
The
association has coordinated with local authorities to organise meetings and
dialogue with businesses to seek measures to deal with difficulties facing them
and support their production and business, contributing to transforming the
socio-economic structure of the province.
In
order to boost the growth of local entrepreneurs and help them catch up with
the Fourth Industrial Revolution, in the future, local authorities will help
the local business community to grasp opportunities, understand policies of the
Party and State in business and production and apply advance technology to
enhance the productivity and quality of their products./.
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.