(HBO) - In the first three months of 2022, the Party Committee and People's Committee of Hoa Binh province directed relevant departments, sectors and People's Committees of districts and Hoa Binh city to continue stepping up investment promotion activities, strengthening coordination in handling administrative procedures, implementing solutions to improve the business environment and removing difficulties for enterprises and investors.
Photo: Antona joint Stock Company (Luong Son Industrial
Park) specialising in manufacturing technical equipment and child toys has gone
into stable production, helping to create jobs for local workers.
In Q1, the province saw 130 newly-established enterprises
with a total registered capital of about 3.3 trillion VND (143.88 million USD);
equal to the number registered in the same period last year, but up 2.5 percent
in capital.
There were 35 enterprises registering new branches and
representative offices; and 230 others changing or supplementing the content of
business registration certificates. However, during the period, 95 firms
registered to suspend production and business activities and 10 others
voluntarily dissolved.
Also in this period, the province approved investment plans
for 17 domestic projects with a total registered capital of over 6.14 trillion
VND, 8.5-fold and 114-fold rises compared to the same period last year,
respectively./.
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.
