(HBO) - After many years standing at low positions in the provincial competitiveness index (PCI) rankings, Hoa Binh jumped to the mid-high group with 63.84 points, 2 points higher than that of 2018.
Hoa Binh 2 Bridge project expected to help
boost socio-economic development and tourism attraction once put into
operation.
Hoa Binh always strives to improve the
quality of economic governance and administrative reform at all levels,
creating a more favourable and friendly business environment for businesses.
Therefore, right from the first working day of 2019, the provincial People's
Committee issued a plan to continue implementing main tasks and solutions to
improve the business environment and the provincial competitiveness in 2019
with a vision to 2021.
The plan set a specific target of
increasing the PCI by 2-5 points against that of 2018. To turn the policy into
action, the chairman of the provincial People’s Committee assigned tasks for
each department, sector and People’s Committees of Hoa Binh city and districts.
He also allocated Vice Chairpersons of the provincial People’s Committee to be
responsible for each index and regularly direct assigned units to fulfill set
targets.
The provincial People's Committee requested
restructuring and improving the efficiency of production and business of
State-owned enterprises (SOEs), and conducting equitisation and divestment of
State capital as planned in order to create a breakthrough in the restructuring
of the SOEs.
It also required the effective enforcement
of the Law on Support for Small- and Medium-sized Enterprises as well as
efficient support for startups, while asking departments and sectors to
continue simplifying administrative procedures to create favourable conditions
for businesses and investors, and ensure equality, openness and transparency.
As a result, 47 administrative procedures in 11 aspects were revised and
simplified, while nine others were removed.
The provincial Party Committee and People's
Committee also actively coordinated with ministries, central sectors and
investors to speed up the construction in tje transport infrastructure projects
such as Road 435, Hoa Binh 3 Bridge and Hoa Binh 2 Bridge, and make
preparations for the building of the Hoa Binh City – Moc Chau Expressway and
several other key routes to serve investment attraction./.
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.