(HBO) – Hoa Binh province has taken drastic, strong solutions to push ahead with the disbursement of public investment, and speed up the implementation of important projects, especially those on infrastructure.


The road linking National Highway 6 with Chi Lang Road in Hoa Binh city opens up new urban development space and helps to spur local socio-economic development.

The investment capital sourced from the State budget and assigned by the Prime Minister to Hoa Binh this year stands at 4.48 trillion VND (190.17 million USD). Meanwhile, the amount approved by the provincial People’s Council is 5.24 trillion VND, which has been allocated to projects.

As of October 31, 2022, some 2.25 trillion VND in public investment had been disbursed, completing 51% of the target set by the PM.

Apart from effectively using the State budget, the province has mobilised capital sources for key infrastructure projects, with priorities given to major areas, inte-regional transport infrastructure, rural transport, infrastructure at industrial parks and clusters, urban areas and tourist destinations.

Under the strategy on the development of industrial parks and clusters in Hoa Binh province for 2021-2030 with a vision towards 2050, the locality will have eight industrial parks with a total area of over 1,507 hectares.

There will be four new industrial parks in Cao Phong, Yen Thuy, Lac Son and Da Bac districts, covering 1,493 hectares, raising the total number to 12 with a combined area of around 3,000 hectares.

Since the beginning of this year, Hoa Binh has counted 722 valid projects that do not use the State budget, of which 37 are foreign-invested worth 608 million USD, and 685 are invested by domestic firms with 180.58 trillion VND./.



Related Topics


The Program Organizing Committee informed the delegates about the potential and advantages of Hoa Binh

During the two days of November 14th – 15th, at the Provincial Cultural Palace, the Department of Industry and Trade organized a conference to connect the product consumption of the ethnic minorities and the mountainous areas in 2024. There was the attendance of the representatives of leaders of a number of departments, branches, businesses, manufacturers and distributors inside and outside the province.

OCOP programme transforms Lac Son’s rural economy

The One Commune One Product (OCOP) programme is reshaping the rural economy of Lac Son district, helping improve living standards, particularly among the ethnic minority communities in remote areas of Lac Son district.

Mai Chau district eyes turning Van Mai dam xanh fish into an OCOP product

The Van Mai dam xanh (Bangana lemassoni) fish has long been famous for its unique and delicious flavour, earning a spot on the menus of many restaurants and attracting food connoisseurs. In recent years, residents in Van Mai commune, Mai Chau district, have expanded their fish farming areas and striven to build a strong reputation for their product. They are also working to establish it as an OCOP (One Commune, One Product) item to increase their income.

Hoa Binh works to promote outstanding rural industrial products

Outstanding rural industrial products of Hoa Binh province in 2024 were recently honoured and granted certificates, becoming a source of pride for producers and also a boost for local economic development. The honourees are all deeply imbued with the local cultural identity and boast considerable commercial potential, helping popularise the image of Hoa Binh to domestic and international consumers. This is also a solid stepping stone for rural industrial establishments to develop.

Hoa Binh city effectively implements labour export tasks

In the first 10 months of 2024, Hoa Binh city made significant progress in job creation and labour exports, sending 112 workers abroad through partnerships with authorised recruitment firms.

Mai Chau’s bangana lemassoni fish receives official brand certification

An award ceremony to announce the official certification for Mai Chau district’s Bangana lemassoni fish, a specialty of the locality because of its unique flavour, was held recently in the district.