(HBO) – The Hoa Binh Party Committee on November 29 had a meeting with leaders of the VinaCapital Group regarding the latter’s proposal to research and invest in a project in the province. Present at the event were Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee; Bui Duc Hinh, Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People's Council; Bui Van Khanh, Deputy Secretary of the provincial Party Committee and Chairman of the Provincial People's Committee; and Quach Tat Liem, Vice Chairman of the provincial People's Committee; among others.



 Delegates discuss opportunities for investment in the Hoa Binh lake area.




VinaCapital Group representatives introduce the group's urban and tourism products.

On behalf of the provincial leaders, Long informed the guests on Hoa Binh’s socio-economic situation. Hoa Binh is located at the gateway of the northwest region, adjacent to Hanoi, and part of the planning of the capital and northern key economic regions. The province has diverse and rich natural conditions, and abundant opportunities for investment and development across fields. It identified four spearheaded sectors for growth, namely high-tech industry, clean agriculture, tourism services, and urban development. The Hoa Binh Lake, approved by the Prime Minister to be developed into a key national tourist area, offers an opportunity to develop tourism types based on the local natural landscape, lake ecosystem, and ethnic identity.

The official expressed his hope the group will study the area for future investment, and work to develop high quality tourism products. VinaCapital Group, a leading real estate investor in Vietnam, has so far implemented projects in 11 provinces and cities across the country.

At the meeting, a series of investment opportunities were tabled, including the construction of a resort complex on Hoa Binh Lake, a 4-star standard hotel in Hoa Binh city, and a garden resort, among others.

Chairman of the provincial People’s Committee Bui Van Khanh pledged favourable conditions for investors in terms of administrative procedure and incentives./.


Related Topics


Hoa Binh takes drastic measures to improve provincial competitiveness index

(HBO) -The Office of the Hoa Binh provincial People's Committee has just issued Notice No.3402/TB-VPUBND on the conclusion of the Chairman of the provincial People's Committee at the meeting of the provincial steering committee for improving the investment and business environment and provincial competitiveness index (PCI).

Lac Son works hard to improve district and department competitiveness index

(HBO) – The authority of Lac Son district is striving to improve the District and Department Competitiveness Index (DDCI), aiming to improve the business and investment environment, thus attracting more businesses and investors to the locality.

Sharing the mechanisms and policies to support the businesses in the Northwest mountainous provinces

(HBO) - On May 13rd, the Provincial Business Association hosted a conference on association, cooperation and development of Business Associations in the provinces of Hoa Binh, Son La, Dien Bien, Lai Chau with the theme "Sharing the mechanisms and policies to support the businesses in the Northwest mountainous provinces”; signing a cooperation agreement on the legal support for businesses between the Center of Vietnam International Arbitration and the Business Associations of 4 Northwest provinces.

Hoa Binh’s State budget revenue estimated at 1.1 trillion VND in four months

(HBO) – Hoa Binh province’s State budget collection was estimated at 253.3 billion VND (10.79 million USD) in April, equivalent to 15% of the target assigned by the Resolution of the provincial People's Council, according to a report by the provincial People’s Committee.

Dong Lai commune expands off-season dragon fruit farming

(HBO) – Farmers in Dong Lai commune in Tan Lac district have successfully piloted and are expanding the model of off-season red flesh dragon fruit farming as it helps increase income and improve people’s living conditions.

Hoa Binh takes drastic measures to improve provincial competitiveness index

(HBO) – In the 2022 Provincial Competitiveness Index (PCI) announced by the Vietnam Chamber of Commerce and Industry (VCCI) in early April, Hoa Binh ranked 53rd out of the country's 63 provinces and cities with a total score of 62.81 points, up 9 places compared to 2021. This result reflected efforts of the whole political system in reforming administrative procedures and improving the local business investment environment.