(HBO) - Since the beginning of this year, the People’s Committee of Hoa Binh province has directed relevant agencies and People’s Committees of districts to continue promoting investment promotion activities. The coordination in handling administrative procedures, implementing solutions to improve the business environment and removing difficulties for businesses and investors have also been sped up at the same time.
Overcoming
difficulties caused by the impact of the COVID-19 pandemic, R Technical
research Vietnam Co. Ltd, locating in the Da River Left Bank Industrial Park in
Hoa Binh City, has stable production and trading, with export value reaching
about 5 million USD in the first six months of this year.
As many as 260 news businesses were set up with a combined registered capital
of 6.4 trillion VND (282 million USD) in the first six months of this year. The
number of new firms represented a year-on-year increase of 9.3 percent while
the amount of capital surged 24.4 percent.
There are 70 enterprises registered branches and representative offices;
granting changes and supplements to business registration certificates for 750
enterprises. Meanwhile, 115 firms registered to suspend production and business activities,
40 enterprises voluntarily dissolved and 120 businesses resumed operation. In
addition, the arrangement of the business reform continued to be implemented as
planned./.
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.
