(HBO) – Hoa Binh province is estimated to have about 300 newly-established businesses in the first nine months of 2017, up 51 percent compared to the same period of 2016. The new firms have registered a total capital of 3.96 trillion VND, 2.66 times higher than last year.
![]()
Single-window division of the
provincial Department of Planning and Investment at the province’s Public
Administrative Centre creates good conditions for organisations and individuals
to register business.
The province also made amendments to
business registration certificates for 420 companies. As many as 90 firms
suspended operation while 10 enterprises had their business registration
certificates revoked and 282 others have been deleted from the list of
businesses operating in the locality.
It also completed plans for equitising the road
management agency of the provincial Department of Transportation and the
state-owned Cao Phong Bio-fertilizer Factory, managed by the Department of
Science and Technology.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
