(HBO) – The People’s Committee of Hoa Binh province gave in-principle approval to two domestic projects with total investment of 1.1 trillion VND, and adopted capital adjustment for two others in January 2022.
The locality is now home to 39 foreign-invested projects worth
616.4 million USD, and 617 domestic ones with total registered capital of 125
trillion VND.
Businesses operating in Hoa Binh have worked hard to resume production
activities in the direction of safe and flexibleadaptation. The
photo has been taken atAn Phuc Export Garment joint Stock Company in Yen
Thuy district.
In the month, Hoa Binh recorded 40 newly-established enterprises which
registered a total capital ofover 1.41 trillion VND.
The province also made amendments to business registration certificates for 283
companies. As many as 72 firms temporarily suspended production and business,
while 24 voluntarily dissolved, and four returned to the market.
The provincial Party Committee and People’s Committee have focused on directing
the implementation of measures to remove difficulties facing local businesses,
especially those specializing in industries that have been affected by the
COVID-19 pandemic.
Attention has been paid to improving the business and investment environment,
and the competitiveness of the locality in 2022./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
