Over the past years, businesses in Hoa Binh province have maintained and expanded operations, significantly contributing to local development.



The Hoa Binh Women Entrepreneurs Association, in collaboration with the Board for Social and Community Affairs of the Vietnam Association for Women Entrepreneurs, presents gifts to Typhoon Yagi victims.

The COVID-19 pandemic has disrupted the supply chain, leading to material scarcity and workforce shortages over the past four years. However, more than 4,200 businesses and nearly 600 economic organisations in Hoa Binh have made efforts in adapting to the new situation, adjusting operation models, optimising technology, stepping up digital transformation, and seeking solutions to boost production and expand the market.

Thanks to joint efforts, the province has made progress in socio-economic development, with its index of industrial production up 12.1% in the first nine months of this year, retail sales and services revenue exceeding 55 trillion VND (200.54 million USD), and export value up 20.7%.

During the nine-month span, businesses contributed about 70% of the province’s budget revenue. They have created stable jobs for nearly 84,000 labourers, each with monthly income ranging from 5.5 million to 6.2 million VND. Meanwhile, cooperatives employ about 28,000 labourers.

They have also played an active part in social welfare, raising hundreds of billions of Vietnam dong each year for the work.

Over the past time, Hoa Binh has implemented the Government’s resolutions and directives on supporting enterprises, while maintaining dialogues with them to get their feedback.

Last year, Hoa Binh ranked 23rd among provinces and cities in the administrative reform index. Notably, it earned the 8th place nationwide in terms of service delivery to residents and businesses regarding administrative procedures and public service provision.

Speaking at a meeting with outstanding enterprises and cooperatives earlier this year, Chairman of the provincial People’s Committee Bui Van Khanh urged them to make more contributions to local socio-economic development, and pledged to facilitate their operations.


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