(HBO) – Hoa Binh has seen positive changes in investment attraction and implementation of investment projects, which contributed to provincial socio-economic development. However, many difficulties and obstacles still remain, with many projects delayed. Specifically, as many as 284 investment projects have been behind schedule, of which 211 projects are implementing land procedures (98 projects are being delayed). Most of those projects have encountered problems in the process of compensation and site clearance.
The project to upgrade provincial road
435 is one of the key investment projects funded by the state budget that is
prioritized for implementation.
In order to speed up the implementation of projects, the provincial People's
Committee has directed the promulgation of regulations on procedures related to
investment projects funded by non-state capital as a basis for State management
agencies to unify the steps of implementation. Regulations on coordination
among departments, agencies, People's Committees of districts and cities and
investors are also issued for the implementation of projects using land
acquired through transferring or leasing land use rights or capital
contribution by land use rights in the province. The province continues to
review and promptly handle overdue projects.
The province also strengthens inspection
and supervision of administrative work, especially in simplifying
administrative procedures, promoting IT application, providing online public
services, to create the best possible conditions for people and businesses. At
the same time, Yen Bai strives to well implement preferential policies for
businesses to support them in restoring and expanding production and business
activities amid the COVID-19 pandemic.
In order to promote infrastructure investment, thus creating a driving force
for socio-economic development and developing regional linkages, the provincial
People's Committee has instructed giving priority in capital allocation to
large projects and completing the assignment of annual capital plans at the
beginning of the year so that projects can be promptly implemented. The
province also accelerates the disbursement of public investment capital to
promote production and business, create jobs for local people, and ensure
social security.
In particular, in order to implement effectively and on schedule projects using
capital inside and outside the state budget, the standing board of the
provincial Party Committee has required administrations at all levels and
agencies to focus on planning work, especially land use planning, in the
2021-2025 period, while continuing to selectively attract investment projects,
and at the same time terminating projects that are behind schedule or not
implemented./.
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.
