(HBO) - Hoa Binh province’s plan of investment from the State budget is 4.56 trillion VND, of which the amount of assigned public investment is 3.948 trillion VND and the capital allocated to each project, 3.831 trillion VND.
The investment from
the provincial budget is 1.998 trillion VND, the targeted capital from the
central budget 461.7 billon VND, the official development assistance (ODA) 734.5
billion VND, the capital from the national target programme 754.1 billion VND,
the reserve capital from the medium-term public investment plan for 2016-2020
and the 10 trillion VND investment for key national projects 100 billion VND.
Meanwhile, the capital without detail allocation is 116.8 billion VND.
Contractors are speeding up
construction on Hoa Binh 2 Bridge (Hoa Binh city) – a priority project.
By the end of June,
public investment disbursement was estimated at 1.161 trillion VND, equal to 40
percent of the capital plan assigned by the Prime Minister. Of the total, 1.028
trillion VND from the provincial budget was disbursed, equal to 48 percent of
the plan assigned by the Government leader, and 558.7 billion VND from the
central budget, equivalent to 30 percent./.
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.