(HBO) – The provincial Business Association held a conference on October 26 to discuss ways improving local business environment and competitiveness index.
Secretary
of the provincial Party Committee and Honorary Chairman of the provincial
Business Association Ngo Van Tuan addresses the conference.
In the past nine months, the province drew 35
projects, including two foreign-invested ones with a total registered capital
of over 16.8 trillion VND. As of the late September, there were 589 projects,
including 41 foreign-invested ones, worth more than 99.3 trillion VND. As many
as 275 projects have been put into operation, or 46.7 percent of the total.
In order to improve business environment, the
provincial Party Committee and People's Committee issued a number of documents
directing administrative reform, held meetings and dialogues to clear
difficulties faced by businesses and reform apparatus. However, problems remain
such as excessive, overlapping and sub-standard planning which hampers
investment and development. Administrative procedures regarding land is
considered the leading trouble for firms. Many enterprises find it hard to
access budget documents, land use planning and public investment plan. Access
to information relies on relationship while firms also face burden related to
inspection.
Speaking at the event, President of the Vietnam
Chamber of Commerce and Industry Vu Tien Loc lauded Hoa Binh for its improved
provincial competitiveness index (PCI) last year. He said there remains room
for the province to improve business climate and competitiveness, becoming a
new destination for investment attraction. In the near future, he suggested
enhancing communications to introduce its potential and advantages, especially
in tourism, high-tech agriculture, industry, particularly support industry to
serve the capital and northern key economic zone. He also called for
facilitating firms’ access to transparent information, tackling difficulties
regarding land, taxation and insurance procedures while improving working
efficiency of the local public administration service centre and the role of
business association.
Secretary Tuan said in the near future, the
provincial Party Committee and People’s Committee will drastically direct
planning, improve the working efficiency of one-stop shop mechanism, remove
bottlenecks in land and inspection procedures. Departments, agencies, districts
and city need to assign specific tasks to officers and step up digital transformation
among firms. The business association must raise its sense of responsibility
for assessing PCI and reporting difficulties to provincial leaders./.
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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