(HBO) - Since the beginning of this year, the People’s Committee of Hoa Binh province has directed relevant agencies and People’s Committees of districts to continue promoting investment promotion activities. The coordination in handling administrative procedures, implementing solutions to improve the business environment and removing difficulties for businesses and investors have also been sped up at the same time.
Overcoming
difficulties caused by the impact of the COVID-19 pandemic, R Technical
research Vietnam Co. Ltd, locating in the Da River Left Bank Industrial Park in
Hoa Binh City, has stable production and trading, with export value reaching
about 5 million USD in the first six months of this year.
As many as 260 news businesses were set up with a combined registered capital
of 6.4 trillion VND (282 million USD) in the first six months of this year. The
number of new firms represented a year-on-year increase of 9.3 percent while
the amount of capital surged 24.4 percent.
There are 70 enterprises registered branches and representative offices;
granting changes and supplements to business registration certificates for 750
enterprises. Meanwhile, 115 firms registered to suspend production and business activities,
40 enterprises voluntarily dissolved and 120 businesses resumed operation. In
addition, the arrangement of the business reform continued to be implemented as
planned./.
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.
