(HBO) – Since the beginning of this year, Hoa Binh province’s authorities have approved 76 investment projects which register to use over 1,300 hectares of land.
Those include five foreign direct investment (FDI) projects, with a combined registered capital of 34 million USD and 71 domestic projects with a total combined capital of 4,985 billion VND (219.6 million USD).
Japanese
Sankoh Vietnam Company’s Branch operates effectively at an industrial park on
the left bank of Da river, providing jobs for hundreds of local labourers.
The
province has decided to revoke investment licenses of 23 domestic projects,
allowed 41 projects to extend their schedule, and adjusted investment
registration certificates of 25 others.
To
date, Hoa Binh is home to 495 projects, including 35 FDI projects worth 505
million USD, covering 1,000 hectares of land and 460 domestic ones with a
combined registered capital of over 65.15 trillion VND (2.87 billion USD)./.
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.
