Chairman of the Hoa Binh People’s Committee Bui Van Khanh on February 2 held a Lunar New Year meeting with businesses, investors and cooperation in the locality. The event drew Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Bui Duc Hinh; Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong; representatives from the Vietnam Association of Small and Medium-Sized Enterprises and the Vietnam Association of Young Entrepreneurs; as well as leaders of local departments, sectors and localities and 200 local businesses, cooperatives and investors in the locality.
Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong pledges to create favourable conditions and provide highest support to Hoa Binh and local businesses and investors during their development process.
In 2023, despites difficulties and challenges, Hoa Binh still recorded comprehensive achievements in all fields. The province completed its provincial planning for the 2021-2030 period with a vision to 2050.
Along with effective solutions to support local businesses and investors, Hoa Binh saw improvements in the local investment environment and competitiveness. The province ranked 23 among localities in administrative reform index, and leaped nine places in the provincial competitiveness index. Particularly, currently, it takes only one day for a company to process the business registration procedures, and 14 days to get construction licences, and 2.99-3.57 days for power supply service access.
At the meeting, local businesses and investors thanked the Hoa Binh Party Committee, People’s Committee and People’s Council as well as provincial departments, sectors and localities for supporting them over the years.
They raised a number of suggestions, including continuing to improve the investment environment and reform administrative procedures, supporting travel and agricultural firms, speeding up ground clearance, promoting transport projects and regional connections.
Addressing the event, Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong hailed the efforts of Hoa Binh in listening to the voice of local businesses and deal with their difficulties. He the VCCI will create optimal conditions and provide maximum assistance for businesses and investors in Hoa Binh during their development process.
For his part, Chairman of the provincial People’s Committee Bui Duc Hinh recognised the contributions of the business community to the socio-economic development of the province.
He vowed that the province will provide best investment environment for them and accompany them during their development. Hinh also called for their contributions of ideas in building and implementing the provincial planning in the 2021-2030 period with a vision to 2050, as well as their recommendations in policies and mechanisms, as well as their feedback.
The provincial leader expressed his hope that local businesses will engaging in implementing political tasks and movements of the province.
On the occasion, the People’s Committee of Hoa Binh presented the emulation flags to three businesses that showed outstanding performance in national patriotism emulation movements in 2023, as well as the certificates of merit to 17 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.
