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