(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./.
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.
