(HBO) – Hoa Binh province has a special geographical location as it is the northwestern gateway to Hanoi and linked with the capital city via Hoa Lac – Hoa Binh Road and National Highway 6. In the future, it will connect with northwestern provinces via a system of modern expressways. The synchronous investment in transport infrastructure and provincial leaders’ wisdom and dynamism will create a solid foundation for Hoa Binh to make breakthroughs in socio-economic development and investment attraction in the time to come.
Hoa Binh 3 Bridge, inaugurated at the year’s beginning, has helped
perfect the transport infrastructure network of Hoa Binh city.
On the stretch of the Da River in Hoa Binh city,
the contractor is racing against time to build Hoa Binh 2 Bridge, which is
expected to have its final sections joined by the end of 2020. Once put into
use, this bridge will, together with other bridges spanning the Da River, help
perfect local transport infrastructure, ease traffic congestion in the downtown
of Hoa Binh city, and become a landmark of the urban landscape here.
Based on the local transport planning for 2020,
with a vision to 2030, a number of facilities important to the province’s security-defence
and socio-economic development have been included in the medium-term public
investment plan for 2016 – 2020 and now under construction, such as the road
linking Ho Chi Minh Road with National Highways 12B and 1, upgrades to
Provincial Road 435, Hoa Binh 2 Bridge, the road linking National Highway 6
with Chi Lang Road, and Trang Bridge.
Thanks to the effective attraction and use of
domestic and foreign investment in transport infrastructure, between 2017 and
2019, Hoa Lac – Hoa Binh Road, built under the BOT format, and Hoa Binh 3
Bridge, funded with official development assistance (ODA) capital, were
completed, helping with the synchronous development of transport infrastructure
and the province’s connectivity with nearby localities.
In the time ahead, Hoa Binh – Moc Chau
Expressway will be built, marking a new stride in transport infrastructure
development and being an important facility serving local socio-economic
development.
Aside from arterial transport facilities, Hoa
Binh province has also paid attention to the rural transport network in recent
years. It has effectively carried out emulation movements to encourage the
local populace to engage in building rural roads and associated the development
of rural transport infrastructure with the implementation of the national
target programmes on new-style rural area building and sustainable poverty
reduction./.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
