(HBO) – As Chairman of the Hoa Binh Province Business Association, Nguyen Cao Son sees many achievements made by the provincial business community in contribution to local development. He said in an interview with the Hoa Binh Newspaper on the occasion of the Vietnam Entrepreneurs Day that local businesses have managed to overcome difficulties and foster production under the spirit of patriotism, confidence, solidarity, dynamism and creativity.
Sanko Co., Ltd in the Da
River
Left-bank
Industrial Park has
created jobs for hundreds of local workers.
HBN: Could you please explain the meaning of the
Vietnam Entrepreneurs
Day?
Nguyen Cao
Son: Late
President Ho Chi Minh on October 13, 1945 wrote a letter to
Vietnam’s
industry and trade circle, saying that "the circle must work to build a strong
and prosperous finance industry and economy." He noted that "public work
and private interests always bind together and a prosperous economy mainly owes
to the prosperity of businessmen and traders.”
The Government on September 20, 2004, therefore,
decided to name October 13 as the Vietnam Entrepreneurs Day to honour the
business community which leads the efforts to create jobs, reduce poverty and contribute
to the nation’s industrialization and modernization. The community have also
largely contributed to the State budget and volunteered in many charity events.
HBN: Could you please highlight key achievements of the province’s
Business Association and the local business community?
Nguyen Cao
Son: The
local business community has made great efforts to fulfill the province’s
socio-economic development goals over the past years. The community has
developed in terms of quantity and quality, with improved management capacity
and efficiency and expanded production. Its role has hereby been heightened in
the province.
Enterprises
have generated tens of trillions
Vietnam dong in revenue every year
and helped create jobs for local residents and reform the province’s
socio-economic structure. Many of them have received prestigious awards such as
"Sao Vang Dat Viet” (Golden Star of Vietnam), "Sao Do” (Red Star) and labour
medals and merit certificates handed by the Government and local authorities.
HBN: Could you please say more about what the association has done and is
planning to promote the tradition of
Vietnam’s businessmen?
Nguyen Cao
Son:The association targets to a bigger business community in the future. To this
end, it has been working with local authorities to improve business climate and
support the enterprises in accordance with the Government’s Resolution No.35.
We have worked to enhance our organizational structure
and operational effectiveness and train enterprises and investors on the
government’s policies and regulations. We have also put forward recommendations
to relevant authorities to resolve difficulties for the firms and worked with
the Government to provide support for them in terms of public administrative
reforms, finance, credit, interest rate and tax exemption.
We have worked
towards an open, friendly business environment and helped the business
community to develop sustainably.
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.