(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./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
