(HBO) - Hoa Binh has taken drastic measures to accelerate public administrative reforms, improve its business climate and withdraw licences of delayed projects in order to lure more investment to the province.
JAENEUNG Trade and Service Co., Ltd. in Thong Nhat
ward, Hoa Binh city, maintains stable production and provide jobs for a large
number of local workers.
The
province is now home to 595 investment projects, including 41 FDI projects,
worth a total of 587.6 million USD and 554 domestic projects, worth 87.5
trillion VND. Among them, there are more than 350 industrial production projects,
of them 138 were put into operation.
In
February, the province granted license to a domestic project with an investment
of 14.5 billion VND and authorized two others to add investment.
By
the end of February, 49 businesses had been licensed to establish or set up new
branches in Hoa Binh, with combined registered capital of 807.5 billion VND.
Twenty-two firms suspended operations while 12 others 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.
