(HBO) – The People’s Committee of Hoa Binh province has directed provincial departments, agencies and administrations to take various measures to boost development of all economic sectors.
In August, 35
new businesses were established in the province with total registered capital
of 300 billion VND.
Esquel
Garment Manufacturing Co., Ltd., located in Luong Son Industrial Park, expands
production in recent years, providing jobs for thousands of local people and a
monthly income averaging 6.5 million VND.
In the first
eight months of this year, the province saw 219 new enterprises with combined
registered capital of over 6.13 trillion VND. It has also permited 10 firms to
set up branches and representative offices in August, raising the total figure in the January-August period to 40.
A total of 120
companies were allowed to make amendments to their business registration
certificates last month, bringing the eight-month number to 1,215.
During the
period, 103 businesses suspended operations and 15 were dissolved./.
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.
