In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
According to the directive, the chairman of the committee
mandates all investors to aggressively carry out tasks and solutions to enhance
the disbursement of public investment funds within their jurisdiction and to
closely collaborate with relevant agencies. Emphasis is placed on ensuring that
the acceleration of disbursement goes hand in hand with maintaining the quality
of the construction work and the efficient use of capital.
The directive calls for heightened inspection
and supervision of ongoing projects to ensure compliance with procedures,
investment quality, and approved objectives. For projects concluding or closing agreements in
2024, it stresses the need to maximise resources, urging contractors to
accelerate progress while ensuring construction quality and capital efficiency
for completion within the approved timeframe.
Regarding those about to receive investment, the
directive underscores the importance of speeding up investment preparation
activities and contractor selection processes, as well as ensuring timely
implementation.
Following the approval to extend the 2023
capital plan disbursement period into 2024, investors are urged to promptly
proceed with the projects to ensure 100% capital plan disbursement within the
extended period. Investors are also advised to proactively report
any emerging issues during the implementation phase to authorities for prompt
solution.
Additionally, the committee assigns specific
tasks to various departments, project management boards, and district- and
city-level People's Committees with ODA projects, aiming to ensure planned
disbursements are achieved.
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.