(HBO) – Hoa Binh has seen positive changes in investment attraction and implementation of investment projects, which contributed to provincial socio-economic development. However, many difficulties and obstacles still remain, with many projects delayed. Specifically, as many as 284 investment projects have been behind schedule, of which 211 projects are implementing land procedures (98 projects are being delayed). Most of those projects have encountered problems in the process of compensation and site clearance.
The project to upgrade provincial road
435 is one of the key investment projects funded by the state budget that is
prioritized for implementation.
In order to speed up the implementation of projects, the provincial People's
Committee has directed the promulgation of regulations on procedures related to
investment projects funded by non-state capital as a basis for State management
agencies to unify the steps of implementation. Regulations on coordination
among departments, agencies, People's Committees of districts and cities and
investors are also issued for the implementation of projects using land
acquired through transferring or leasing land use rights or capital
contribution by land use rights in the province. The province continues to
review and promptly handle overdue projects.
The province also strengthens inspection
and supervision of administrative work, especially in simplifying
administrative procedures, promoting IT application, providing online public
services, to create the best possible conditions for people and businesses. At
the same time, Yen Bai strives to well implement preferential policies for
businesses to support them in restoring and expanding production and business
activities amid the COVID-19 pandemic.
In order to promote infrastructure investment, thus creating a driving force
for socio-economic development and developing regional linkages, the provincial
People's Committee has instructed giving priority in capital allocation to
large projects and completing the assignment of annual capital plans at the
beginning of the year so that projects can be promptly implemented. The
province also accelerates the disbursement of public investment capital to
promote production and business, create jobs for local people, and ensure
social security.
In particular, in order to implement effectively and on schedule projects using
capital inside and outside the state budget, the standing board of the
provincial Party Committee has required administrations at all levels and
agencies to focus on planning work, especially land use planning, in the
2021-2025 period, while continuing to selectively attract investment projects,
and at the same time terminating projects that are behind schedule or not
implemented./.
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.
