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.
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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