(HBO) – External relations of Hoa Binh province are being expanded and developed in a substantive and effective manner, helping mobilise and capitalise on resources for sustainable socio-economic development as in line with the resolution of the 17th provincial Party Congress (2020 - 2025 tenure). The province has held many meetings and working sessions with partners and organisations in and outside the province to bolster investment cooperation.
The Japanese-invested Bandai Vietnam Co. Ltd, based in
the Da River Left Bank Industrial Park of Hoa Binh city, has been operating
stably and providing jobs for a large number of local residents.
In mid-July, the provincial Party Committee and
People’s Committee in coordination with the Vietnamese Embassy in Thailand
organised an investment, trade and tourism promotion conference in Bangkok,
Thailand. This conference, the first Hoa Binh province had ever held in
Thailand, attracted the participation of many Thai organisations and
associations.
Also in July, a provincial delegation paid a
working visit to Tuv province of Mongolia to discuss cooperation in various
areas and help the two sides’ businesses explore partnership opportunities.
Enterprises of Hoa Binh expressed their hope to cooperate with Tuv in tourism;
export wood items and farm produce such as medicinal materials, essential oil,
oranges, and pomelos to Mongolia; and import goat and horse meat, mutton,
materials and products made from animal pelts and hides from this country.
Over the recent past, the provincial Party Committee
and People’s Committee have led and directed the concerted, creative, and
effective implementation of activities to enhance external relations in order
to attract investment and garner resources for socio-economic development.
Thanks to that, Hoa Binh’s solidarity, friendship, and cooperation with foreign
countries have been increasingly expanded and strengthened, thus generating
practical benefits.
Hoa Binh is implementing commitments and
agreements with such foreign localities as Luang Prabang and Houaphanh
provinces of Laos, Tuv province of Mongolia, Gimje city of Jeollabuk province
and Ulju district of Ulsan city in the Republic of Korea (RoK). All the
agreements are in line with Hoa Binh’s orientations for socio-economic
development and international cooperation expansion.
External economic activities have substantially
contributed to the shift in the local economic structure.
At present, there are 65 exporting and importing
enterprises in the province, comprising 17 trading in electronics, 20 in
textile and garment, two in metal products, nine in farm produce, and 17 in
other commodities.
Meanwhile, Hoa Binh is currently home 731
investment projects, including 37 foreign direct investment (FDI) ones worth 608
million USD and 694 domestic ones worth almost 201.8 trillion VND (8.4 billion
USD). Foreign enterprises, especially those from Japan and the RoK, are
recording fruitful production and business activities, thereby greatly
contributing to the province’s exports, State budget collection, and job
creation for locals.
There are currently 12 programmes and projects
funded with official development assistance (ODA) in the province, including
eight being implemented and four calling for ODA. Their total investment is estimated
at over 12 trillion VND.
Besides, Hoa Binh also houses 39 programmes and projects of
16 foreign non-governmental organiations, development cooperation agencies, and
sponsors. With 31.77 million USD in committed capital, they are carried out
mainly in the areas with socio-economic disadvantages, focusing on rural
development, health care, education, clean water supply, environmental hygiene,
and social affairs.
Implementing the Party’s policies on external
relations, Hoa Binh has proactively established relations and reinforced
cooperation with many international organisations so as to attract investment,
call for assistance, popularise the province’s images, and promote its stature
in the eyes of domestic and international friends./.
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.
