(HBO) – The Hoa Binh Business Association partnered with the Vietnam Chamber of Commerce and Industry (VCCI) and FAC Financial & Accounting Consultant Co., Ltd. to organize a training course on April 22 – 23 to update local enterprises on the Law on Support for Small- and Medium-sized Enterprises (SMEs).
Local enterprises are
provided with legal knowledge on taxation and updates on the Law on Support for
SMEs.
During the two-day course, enterprises
were provided with information on new taxation policies and instructed in how
to access the innovative startup fund. They were also guided in how to fix
errors in calculating value added, corporate income, personal income and
business licence taxes before preparing financial statements; and issues that
need attention during the settlement of taxes.
The second congress of the provincial
Business Association for the 2020 – 2025 term is set to promote its role in
supporting local firms in management personnel training, provision of legal
information; and increasing benefits for its members.
Last year, Hoa Binh climbed four places
to rank 44th out of 63 cities and provinces nationwide in Provincial
Competitiveness Index (PCI). The province has been applying the set of
competitiveness indexes and surveying local firms’ opinions about the local
business climate as part of the District and Department Competitiveness Index
(DDCI). The move is expected to create big breakthroughs in improving the province’s
business environment./.
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.
