(HBO) – Leaders of Hoa Binh province met with Japanese investors on July 10 to discuss cooperation opportunities in various fields, including agriculture and tourism in the locality.
Speaking at the meeting, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, expressed his pleasure to welcome Japanese businesses to invest in the province.
Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, speaks at the meeting.
He informed the guests of potentials, advantages and development orientation of the province and noted that Hoa Binh has advantages in developing agriculture, urban areas, services.
The official added that the province is focusing on implementing key traffic projects such as expanding Hoa Lac - Hoa Binh city road, regional linking road, Hoa Binh - Moc Chau expressway project; promoting administrative reform; and improving the business environment.
Steve Bui, Chairman of Denta Japan Company and Chairman of Steve Bui Foundation and Friends Fund, said that Japanese businesses are interested in investment cooperation in the fields of agriculture and tourism.
He expressed his hope that Hoa Binh will be a safe and effective destination for Japanese businesses, and wished that the province will create favourable conditions for enterprises to research and implement production and business projects, making positive contributions to socio-economic development of the province.
Representatives of Japanese businesses at the meeting said they will explore and research fields of agricultural processing and tourism, organise practical activities to celebrate the 50th anniversary of Vietnam-Japan relations, and strengthen connectivity and cooperation to introduce potential, policies and investment environment between Hoa Binh and Japan’s localities.
The two sides also discussed ways to boost investment cooperation opportunities with a focus on agriculture and tourism such as golf courses, planting and processing agricultural products, and mustard processing, among others./.
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.