A delegation from Sao Do (Red Star) Entrepreneurs’ Club led by its President Nguyen Canh Hong has visited Hoa Binh to explore investment opportunities in the province.
The delegation was received by Nguyen Phi Long, alternate
member of the Party Central Committee and Secretary of the provincial Party
Committee; Bui Duc Hinh, Deputy Secretary of the provincial Party Committee and
Chairman of the provincial People’s Council; Bui Van Khanh, Deputy Secretary of
the provincial Party Committee and Chairman of the provincial People’s
Committee; and leaders of provincial departments and agencies.
Nguyen Phi Long, alternate member of the Party Central Committee and Secretary
of the provincial Party Committee addresses the working session.
Sao Do Entrepreneurs’ Club President Nguyen Canh Hong, who is CEO of Eurowindow
Holding, said that thanks to Hoa Binh’s various advantages, many investors are
interested in investing in the areas of tourism, eco-urban development,
services, and education-training in the locality.
He expressed hope to have discussions with authorised agencies and sectors of
Hoa Binh on possible investment projects. Hong proposed a tourism project in
Lien Son commune of Luong Son district, along with other projects in the fields
of urban housing, tourism, education, culture and sports.
At the working session, businesses of the Sao Do Entrepreneurs’ Club expressed
their wish to explore the investment environment of Hoa Binh in the fields of
urban development, infrastructure, agriculture and industrial real estate.
They also showed their impressions on the working attitude and business support
of the province, especially in processing administrative procedures.
The club will actively introduce the locality’s business environment to their
peers across the country to draw more investment to Hoa Binh, they pledged.
Speaking at the event, Secretary of the Hoa Binh Party Committee Nguyen Phi
Long welcomed the delegation to explore the local business environment, and
introduced the potential and advantages as well as targets and orientations of
the locality.
He said that Hoa Binh is strong in agriculture, urban and service development,
while its Hoa Binh hydropower reservoir is developing into a national tourism
site. The province also owns a valuable hot mineral water source, along with
beautiful natural landscapes and unique culture of local ethnic groups.
Hoa Binh is focusing on five breakthrough areas, which are preserving and promoting
the cultural values of ethnic groups, especially Muong ethnic culture and Hoa
Binh culture; promoting administrative reform and improve provincial
competitiveness; developing and improving the infrastructure system, especially
the road traffic infrastructure system; speeding up digital transformation; and
attracting and developing high quality human resources, he said.
The provincial leader underlined that Hoa Binh is working to strengthen
regional connectivity with the Hoa Binh-Moc Chau expressway and Hoa Lac-Hoa
Binh road projects.
The locality is also focusing on four core industries of
processing-manufacturing, agricultural business, tourism and satellite housing
development.
He assigned provincial departments and agencies to coordinate with the firms
and provide them with the best conditions to carry out their projects in Hoa
Binh./.
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.
