(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./.
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.