(HBO) – A conference on investment promotion was held on February 26 in the northern province of Hoa Binh. Prime Minister Pham Minh Chinh attended and delivered remarks at the conference with the theme "Hoa Binh – a sustainable investment destination”.


Prime Minister Pham Minh Chinh and other participants present flowers to investment certificate recipients at the event.

 

Addressing the event’s opening ceremony, Nguyen Phi Long, Secretary of the provincial People’s Commitee said Hoa Binh province has a very important geopolitical-economic position. It is located at the western gateway of Hanoi's capital. Hoa Binh city, the province’s centre, is over 70km far away from Hanoi and 170km from Hai Phong city, he said, adding that this is an important condition to attract investment.

With specific advantages in terms of climate and geography, Hoa Binh province has been developing agriculture in a safe and effective way with the preservationof the cultivated area of agricultural products with well-known registered trademarks such as Cao Phong orange and Tan Lac red grapefruit.

Under a development plan, which was approved by Prime Minister, Hoa Binh will have eight industrial parks covering over 1,500ha.

Regarding tourism, the province has a lot of potential to develop various forms of tourism including eco-tourism, resort, cultural and spiritual tourism, especially Hoa Binh Lake tourist area, which has been designed as a national tourist site. Hoa Binh strives to become an attractive destination with typical tourism products as well as a major tourist centre of the northern midlands and mountainous regions.

The provincial leader affirmed that local administration always accompanies investors in their development.

In his remarks at the conference, the Prime Minister said that Hoa Binh boasts many advantages for comprehensive socio-economic development, especially in industrial and agricultural sectors with the application of high technology.

To tap the potential and promote investment attraction, the PM suggested the province improve the business investment environment and remove difficulties for businesses and investors.

Chinh underlined the need to push up the implementation of three strategic breakthroughs namely basic infrastructure and integrated transport infrastructure, administrative reform and improvement of human resources quality to meet the requirements of investors.

Investors were urged to pour investment in sustainable areas in line with the province's advantages, focusing on emerging industries such as digital transformation, digital economy and green economy.

At the conference, Hoa Binh authority handed over investment certificates to investors of 15 projects with a total investment of over 47 trillion VND (about 2 billion USD)./.


Related Topics


Hoa Binh fast-tracks new-style countryside development with strong base

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.

High tech seen as key to sustainable farming in Hoa Binh

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.

Hoa Binh reviews progress on key provincial projects

The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments

Hoa Binh attends "Meet Korea 2025" event

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 revives local heritage through OCOP programme

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.

OCOP Hoa Binh: Awakening local excellence - Journey from tradition to market

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.