The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.

Chairman of the
provincial People’s Committee Bui Duc Hinh and leaders from the provincial
People’s Council, People’s Committee, departments, sectors, and business
association (Photo: HBO)
Last
year, the business association successfully maintained its crucial role as a
bridge between the business community and local authorities. The organisation
effectively represented enterprise interests while facilitating social oversight
and feedback. It consistently gathered and channeled business concerns
regarding operational challenges to relevant provincial authorities for
resolution.
Along
with joining hands with competent sides to carry out support programmes for
enterprises as well as those to improve the provincial competitiveness index
(PCI), the association paid due attention to charitable activities. It
mobilised more than 3.29 billion VND (130,600 USD) for a Tet gifting programme
for impoverished people, supported housing construction for the needy, and
sponsored various cultural and social events across the province.
Looking
ahead to 2025, the association aims to strengthen member organisations'
effectiveness, enhance business operation, and forge strongr relationships with
state management agencies. It will work to streamline administrative procedures
and engage in social welfare initiatives.

Deputy Secretary of
the provincial Party Committee and Chairman of the provincial People’s
Committee Bui Duc Hinh speaks at the event. (Photo: HBO)
At
the event, Hinh commended the association's achievements and urged continued
efforts to support the business community in seizing new opportunities and
improving the local PCI ranking. He also underscored the need to maintain
charitable activities and contribute to the province's socio-economic
development goals in 2025.
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
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.