(HBO) - According to a report of the provincial People’s Committee on developing enterprises, a total of 400 new enterprises were set up in Hoa Binh in 2019, with total registered capital of 4,500 billion VND. In comparison with last year, the number of new enterprises dropped by 4.8 percent but the amount of capital picked up 39.7 percent.
Besides, 54 firms applied to open branches and
representative offices in the province. The relevant agencies have amended and
supplemented 1,067 business licences.
The T&T
159 joint Stock Company invests in a workshop to process post-harvest
agricultural byproducts, contributing to enhancing the company’s production and
business performance.
During the year, many enterprises met with
difficulties in production and business. As a result, 29 firms were dissolved,
118 others temporarily suspended operation, and five had their business
licences revoked. Therefore, as of the end of 2019, Hoa Binh has an estimated
over 3,500 firms, with nearly 40,000 billion VND in total registered capital./.
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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