(HBO) – The Hoa Binh Business Association partnered with the Vietnam Chamber of Commerce and Industry (VCCI) and FAC Financial & Accounting Consultant Co., Ltd. to organize a training course on April 22 – 23 to update local enterprises on the Law on Support for Small- and Medium-sized Enterprises (SMEs).
Local enterprises are
provided with legal knowledge on taxation and updates on the Law on Support for
SMEs.
During the two-day course, enterprises
were provided with information on new taxation policies and instructed in how
to access the innovative startup fund. They were also guided in how to fix
errors in calculating value added, corporate income, personal income and
business licence taxes before preparing financial statements; and issues that
need attention during the settlement of taxes.
The second congress of the provincial
Business Association for the 2020 – 2025 term is set to promote its role in
supporting local firms in management personnel training, provision of legal
information; and increasing benefits for its members.
Last year, Hoa Binh climbed four places
to rank 44th out of 63 cities and provinces nationwide in Provincial
Competitiveness Index (PCI). The province has been applying the set of
competitiveness indexes and surveying local firms’ opinions about the local
business climate as part of the District and Department Competitiveness Index
(DDCI). The move is expected to create big breakthroughs in improving the province’s
business environment./.
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.