(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./.
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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