(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./.
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.
