(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./.
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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