(HBO) - After many years standing at low positions in the provincial competitiveness index (PCI) rankings, Hoa Binh jumped to the mid-high group with 63.84 points, 2 points higher than that of 2018.
Hoa Binh 2 Bridge project expected to help
boost socio-economic development and tourism attraction once put into
operation.
Hoa Binh always strives to improve the
quality of economic governance and administrative reform at all levels,
creating a more favourable and friendly business environment for businesses.
Therefore, right from the first working day of 2019, the provincial People's
Committee issued a plan to continue implementing main tasks and solutions to
improve the business environment and the provincial competitiveness in 2019
with a vision to 2021.
The plan set a specific target of
increasing the PCI by 2-5 points against that of 2018. To turn the policy into
action, the chairman of the provincial People’s Committee assigned tasks for
each department, sector and People’s Committees of Hoa Binh city and districts.
He also allocated Vice Chairpersons of the provincial People’s Committee to be
responsible for each index and regularly direct assigned units to fulfill set
targets.
The provincial People's Committee requested
restructuring and improving the efficiency of production and business of
State-owned enterprises (SOEs), and conducting equitisation and divestment of
State capital as planned in order to create a breakthrough in the restructuring
of the SOEs.
It also required the effective enforcement
of the Law on Support for Small- and Medium-sized Enterprises as well as
efficient support for startups, while asking departments and sectors to
continue simplifying administrative procedures to create favourable conditions
for businesses and investors, and ensure equality, openness and transparency.
As a result, 47 administrative procedures in 11 aspects were revised and
simplified, while nine others were removed.
The provincial Party Committee and People's
Committee also actively coordinated with ministries, central sectors and
investors to speed up the construction in tje transport infrastructure projects
such as Road 435, Hoa Binh 3 Bridge and Hoa Binh 2 Bridge, and make
preparations for the building of the Hoa Binh City – Moc Chau Expressway and
several other key routes to serve investment attraction./.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.