In the first 6 months of 2024, Hoa Binh province has 210 newly registered enterprises with a total registered capital of over 4,750 billion VND, an increase of 12% compared to the same period in 2023. Cumulatively, the whole province has over 4,600 enterprises, with registered charter capital is about 92 trillion VND.
R Vietnam Company (Industrial Park Left Bank of Da River - Hoa Binh City) with 100% foreign investment operates stably.
To promote rapid and sustainable development of businesses, creating an important driving force for socio-economic development, Hoa Binh province continues to improve the investment and business environment; promote the implementation of solutions to direct credit to priority areas, production and business sectors and growth drivers; promote businesses to invest, produce and do business associated with innovation, digital transformation, green transformation, towards sustainable development...
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.
.jpg)
