Hoa Binh has also met with agency heads to ensure projects stay on target and to cut public investment capital for those that are behind schedule, that could become a drag on effective disbursement.

Ngoi Hoa port in Suoi Hoa commune (Tan Lac) is invested and built, contributing to promoting tourism development of Hoa Binh lake.

The province's 2022 state budget investment plan was assigned by the Prime Minister in Decision No. 2048/QD-TTg, dated December 6, 2021 with a total capital of 3,393.9 billion VND.

The amount of capital assigned by the Provincial People's Council in Resolution No. 61/NQ-HDND dated December 9, 2021 was 4,192.8 billion VND, including investment capital in balance according to the criteria of 577.39 billion VND; lottery revenue 13.47 billion VND; revenue from land use 1,597.4 billion VND; and other investment capital was 400 billion VND. Compared to the previous year, investment capital from allocated lottery revenue increased by 1.47 billion VND, other investment capital increased by 400 billion VND. Revenue from allocated land increased by 397.4 billion VND.

The efficient disbursement of public investment plays an important role in economic recovery and development. The Provincial People's Committee has assigned capital to departments, branches, and localities to be effective in implementing programs and projects.

By the end of March, the province allocated and assigned investment plans totaling 4,192.8 billion VND for projects, reaching 124% of the capital plan assigned by the Prime Minister. The Provincial Council approved the capital plan as it was laid out.

At the same time, the Provincial People's Committee requested efficient disbursement of the funds as critical to their success.

As of March 25, the total disbursed public investment was 521.8 billion VND, accounting for 15% of the capital assigned by the Prime Minister, and 12% assigned by the Provincial People's Committee to the projects.

Specifically, the investment capital in the provincial budget balance disbursed 451.7 billion VND, reaching 17% of the capital plan that the Provincial People's Committee assigned to the projects. Looking at the investment capital according to criteria, disbursement quota reached 24 %, land use revenue reached 14%, other investment capital reached 21%. The lottery funding source has yet to be disbursed.

Central budget capital (domestic capital) disbursed 62.226 billion VND, reaching 6% of the planned amount of capital assigned by the Provincial People's Committee.

Foreign capital (ODA) disbursed 7.8 billion VND, contributing to 2% of the allocated capital plan./.

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Rich and Flavorful Honey of Dao Village

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.

Lac Thuy district prioritises resources for industrial, handicraft development

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.

Phu Thanh implements organic practices in tea production

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.

Hoa Binh works hard to accelerate progress of key projects

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 achieves record-breaking economic growth in Q1

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.

Hoa Binh focuses on building strong OCOP brands for sustainable growth

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.