(HBO) – In July, Hoa Binh province approved investment proposals of two domestic projects worth a combined investment of 292 billion VND. During the first seven months of the year, the province gave approval to 29 projects, including 28 domestic and 1 FDI projects, with total registered capital at nearly 10.15 trillion VND and 0.4 million USD, respectively.
During the
month, 30 new enterprises were established with a total registered capital of
400 billion VND. So faf this year, the province has had 195 newly established
companies with a combined registered capital of 6 trillion VND.
In July, there
are six firms setting up new branches and representative offices in he
province and 150 allowed to amend their existing business registration certificates,
bringing the seven-month figures to 32 and 1,450, respectively.
The province
saw 12 enterprises suspending operation during the month and 96 since the beginning of this year.
There were 15 companies dissolved in the first seven months./.
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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