(HBO) – In the first nine months of this year, Hoa Binh approved the investment plans and granted licences to 45 domestically-invested projects with combined capital of over 31.48 trillion VND (1.31 billion USD), representing a rise of 30 projects and 129.4% in value compared to the same period last year.
GGS Vietnam Co., Ltd in the Da River Left Bank
Industrial Park in Hoa Binh city has created stable jobs for hundreds of local
labourers.
In the period, the province issued the decisions to end the operation of three
projects and halt another, while adjusting the investment plans of 12
projects.
To date, Hoa Binh is home to 705 operating projects, including 37
foreign-invested ones with total capital of about 600 million USD and 668
domestically-invested projects worth about 181.9 trillion VND. Local industrial
parks are hosting 103 projects.
Businesses' revenue from production and business activities in the first nine
months was estimated at 15.41 trillion VND, up 24% over the same period last
year and equivalent to 78.7% of the yearly target. Investment projects created
jobs for about 20,100 employees, up 2.7% year-on-year.
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.
