Chairman of the Hoa Binh People’s Committee Bui Van Khanh on February 2 held a Lunar New Year meeting with businesses, investors and cooperation in the locality. The event drew Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Bui Duc Hinh; Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong; representatives from the Vietnam Association of Small and Medium-Sized Enterprises and the Vietnam Association of Young Entrepreneurs; as well as leaders of local departments, sectors and localities and 200 local businesses, cooperatives and investors in the locality.
Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong pledges to create favourable conditions and provide highest support to Hoa Binh and local businesses and investors during their development process.
In 2023, despites difficulties and challenges, Hoa Binh still recorded comprehensive achievements in all fields. The province completed its provincial planning for the 2021-2030 period with a vision to 2050.
Along with effective solutions to support local businesses and investors, Hoa Binh saw improvements in the local investment environment and competitiveness. The province ranked 23 among localities in administrative reform index, and leaped nine places in the provincial competitiveness index. Particularly, currently, it takes only one day for a company to process the business registration procedures, and 14 days to get construction licences, and 2.99-3.57 days for power supply service access.
At the meeting, local businesses and investors thanked the Hoa Binh Party Committee, People’s Committee and People’s Council as well as provincial departments, sectors and localities for supporting them over the years.
They raised a number of suggestions, including continuing to improve the investment environment and reform administrative procedures, supporting travel and agricultural firms, speeding up ground clearance, promoting transport projects and regional connections.
Addressing the event, Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong hailed the efforts of Hoa Binh in listening to the voice of local businesses and deal with their difficulties. He the VCCI will create optimal conditions and provide maximum assistance for businesses and investors in Hoa Binh during their development process.
For his part, Chairman of the provincial People’s Committee Bui Duc Hinh recognised the contributions of the business community to the socio-economic development of the province.
He vowed that the province will provide best investment environment for them and accompany them during their development. Hinh also called for their contributions of ideas in building and implementing the provincial planning in the 2021-2030 period with a vision to 2050, as well as their recommendations in policies and mechanisms, as well as their feedback.
The provincial leader expressed his hope that local businesses will engaging in implementing political tasks and movements of the province.
On the occasion, the People’s Committee of Hoa Binh presented the emulation flags to three businesses that showed outstanding performance in national patriotism emulation movements in 2023, as well as the certificates of merit to 17 others.
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.
