(HBO) – Since the start of 2022, the Hoa Binh provincial People’s Committee has ordered relevant departments, sectors, and localities to mobilise resources for developing infrastructure at industrial parks (IPs) and industrial clusters; accelerate site clearance for the Yen Quang, Mong Hoa, Lac Thinh, and Nhuan Trach IPs; and step up administrative procedure reform and IT application so as to create favourable conditions for investors.
The GGS Vietnam Co. Ltd, based in the Da
River Left Bank Industrial Park in Hoa Binh city, has taken flexible moves to
cope with the pandemic and boost production and business activities, thus
ensuring stable jobs for employees.
IPs in Hoa Binh province are currently home to
104 valid projects, including 27 foreign direct investment projects worth
527.35 million USD and 77 domestic ones worth almost 11.1 trillion VND (485.5
million USD).
In the first quarter of 2022, businesses based
in local IPs earned 4.96 trillion VND in revenue, up 13 percent year on year
and equivalent to 25.3 percent of this year’s target. They created new jobs for
100 workers.
For 2022, the Hoa Binh IP management board
targets 10 new investment projects to be attracted, revenue of businesses there
hitting 19.6 trillion VND, and export value reaching 720 million USD./.
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.