A delegation from Sao Do (Red Star) Entrepreneurs’ Club led by its President Nguyen Canh Hong has visited Hoa Binh to explore investment opportunities in the province.
The delegation was received by Nguyen Phi Long, alternate
member of the Party Central Committee and Secretary of the provincial Party
Committee; Bui Duc Hinh, 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 leaders of provincial departments and agencies.
Nguyen Phi Long, alternate member of the Party Central Committee and Secretary
of the provincial Party Committee addresses the working session.
Sao Do Entrepreneurs’ Club President Nguyen Canh Hong, who is CEO of Eurowindow
Holding, said that thanks to Hoa Binh’s various advantages, many investors are
interested in investing in the areas of tourism, eco-urban development,
services, and education-training in the locality.
He expressed hope to have discussions with authorised agencies and sectors of
Hoa Binh on possible investment projects. Hong proposed a tourism project in
Lien Son commune of Luong Son district, along with other projects in the fields
of urban housing, tourism, education, culture and sports.
At the working session, businesses of the Sao Do Entrepreneurs’ Club expressed
their wish to explore the investment environment of Hoa Binh in the fields of
urban development, infrastructure, agriculture and industrial real estate.
They also showed their impressions on the working attitude and business support
of the province, especially in processing administrative procedures.
The club will actively introduce the locality’s business environment to their
peers across the country to draw more investment to Hoa Binh, they pledged.
Speaking at the event, Secretary of the Hoa Binh Party Committee Nguyen Phi
Long welcomed the delegation to explore the local business environment, and
introduced the potential and advantages as well as targets and orientations of
the locality.
He said that Hoa Binh is strong in agriculture, urban and service development,
while its Hoa Binh hydropower reservoir is developing into a national tourism
site. The province also owns a valuable hot mineral water source, along with
beautiful natural landscapes and unique culture of local ethnic groups.
Hoa Binh is focusing on five breakthrough areas, which are preserving and promoting
the cultural values of ethnic groups, especially Muong ethnic culture and Hoa
Binh culture; promoting administrative reform and improve provincial
competitiveness; developing and improving the infrastructure system, especially
the road traffic infrastructure system; speeding up digital transformation; and
attracting and developing high quality human resources, he said.
The provincial leader underlined that Hoa Binh is working to strengthen
regional connectivity with the Hoa Binh-Moc Chau expressway and Hoa Lac-Hoa
Binh road projects.
The locality is also focusing on four core industries of
processing-manufacturing, agricultural business, tourism and satellite housing
development.
He assigned provincial departments and agencies to coordinate with the firms
and provide them with the best conditions to carry out their projects in Hoa
Binh./.
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.
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.
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.
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 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.
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.
