The People’s Committee of Hoa Binh province on November 29 had a working session with businesses and investors from China, Hong Kong (China), and Singapore who came to learn about business and investment opportunities in the locality. Vice Secretary of the provincial Party Committee and Chairman of the People’s Committee Bui Van Khanh chaired the session.
Vice
Secretary of Hoa Binh’s Party Committee and Chairman of the People’s Committee
Bui Van Khanh speaking at the working session.
The delegation gathers representatives from
20 enterprises that want to explore investing in high-tech parks to serve the
needs of international market development through the construction of research and
development, and production development centres.
They showed their interest in investing in
high-tech industrial parks, and in the fields of construction, logistics, and
high technology. They also expressed their hope to receive information on land
and land rental prices, preferential policies, and payment and contract signing
methods, taxes and tax refund policies for businesses, project construction
deadlines, and accommodation conditions for foreign experts working in Hoa Binh
province.
Speaking at the event, Khanh gave investors
an overview on industrial parks in the province. He affirmed that Hoa Binh is
always ready to support and accompany businesses and investors.
The leader assigned departments and sectors to
coordinate with investors to provide information on the province's potential
and strengths, and investment procedure samples for them to continue to study.
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.