(HBO) – Statistics show that as of February 20, public investment disbursement in Hoa Binh province had reached 270.19 billion VND, fulfilling 6 percent of the target.
Thanks to investments,
some sections of the Lac Son-Tan Lac route have been cemented.
Of
the disbursed capital, 217.4 billion VND was sourced from the provincial
coffer, accomplishing 8 percent of the yearly target set by the provincial
People’s Council and 10 percent of the target assigned by the Prime Minister.
Meanwhile,
52.8 billion VND came from the State budget, fulfilling 20 percent of the target
by the People’s Council and the PM. The
official development assistance (ODA) and capital for national target programme
have not been disbursed so far.
The
People’s Committee has urged investors to seriously realise tasks and major
solutions to speed up public investment disbursement in the year./.
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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