(HBO) – The northern province of Hoa Binh introduced its potential and strengths as well as investment opportunities to British investors at an investment, trade and tourism promotion conference in London on October 11. The event saw the attendance of Vietnamese Ambassador to the UK Nguyen Hoang Long, representatives from the Vietnam Business Association in the UK (VBUK), and British businesspeople.

Chairman of the provincial People’s Committee Bui
Van Khanh and Chairman of the Vietnam Business Association in the UK Paul Hoang
sign a cooperation document.
In his opening remarks, Long said that Hoa Binh, which
borders the capital city of Hanoi, has a favourable location and abundant
investment opportunities.
He suggested British investors seek opportunities in
partnering with Hoa Binh in the fields of exploring tourism, high-tech
agriculture, and tertiary education development, as well as resort real estate.
Bui Van Khanh, Chairman of the provincial People’s
Committee, said that Hoa Binh is focusing on four strategic areas for
socio-economic development, including planning, infrastructure development,
improvement of institutions and the investment and business environment, and
human resources development.
He highlighted prioritised investment areas such as green,
clean and high-quality agricultural production, agro-forestry-aquatic
production and processing, resort tourism development, and ecological urban
development.
The provincial leader underlined that Hoa Binh plans to
further expand its basic infrastructure system to facilitate investment
activities, while providing preferential policies to investors, including
exemption and reduction of land rent, and import-export taxes, and support in
vocational training.
Khanh called on British investors to invest in Hoa Binh in
the fields of agriculture, industry, services, tourism, and development
research, pledging that the local administration always supports and
accompanies them for the benefits of both sides.
VBUK Chairman Paul Hoang said that the association is ready
to connect Vietnamese and British partners and support them in dealing with
problems during the cooperation process such as differences in business
culture.
On this occasion, Hoa Binh signed a cooperation document
with VBUK, under which the two sides will build a sustainable, long-term
cooperative relationship, creating benefits and development opportunities for
both sides.
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.