(HBO) - In the first nine months of 2020, despite negative impact from the COVID-19 pandemic, Hoa Binh’s businesses progressed positively. The entire province recorded 285 newly registered firms, whose capital amounting to about 6.5 trillion VND (280.8 million USD), annual increases of 2.9 percent in the number of companies and 36.21 in registered value.
Overcoming pandemic-related difficulties, RNS garment
company in Hoa Binh city’s Thong Nhat ward has stablised its operation,
creating jobs.
In the period, 160 enterprises registered for their
establishment of branches and representative offices. Local authorities also
issued 1,305 updated business licences and revoked business licences of 156
firms. A total of 130 companies registered to temporarily stop
operation, and 28 others voluntarily dissolved, while 75 companies and 13
branches and representative offices resumed their business./.
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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