A working delegation from Hoa Binh province led by Vice Chairman of the provincial People's Committee Nguyen Van Chuong held a working session with the Thai Chamber of Commerce and Industry in Vietnam (ThaiCham) on the sidelines of the "Meet Thailand" event co-hosted by the Ministry of Foreign Affairs, the Thai Embassy, and the People's Committee of Lao Cai province on August 28 in the northern mountainous province of Lao Cai.
Attending the event were leaders and staff from the Office of the Hoa Binh provincial People's Committee, the Centre for Investment, Trade and Tourism Promotion, the management board of industrial zones, and the provincial Department of Planning and Investment.
Vice Chairman of the provincial People's Committee Nguyen Van Chuong and leaders of local departments and agencies hold a working session with ThaiCham.
Chuong introduced the unique cultural identity, stunning natural landscapes and untapped potential of Hoa Binh province to the ThaiCham delegation. He expressed his hope that ThaiCham would help promote Hoa Binh's advantages to Thai organisations, businesses, investors and the public. With its proximity to Hanoi, convenient transport, dynamic governance and investment incentives, Hoa Binh offers numerous opportunities for Thai businesses, he said.
Praising Thai firms and investors for their financial strength, operational experience, compliance with local laws, and quality products, he invited them to become key partners in Hoa Binh's growth. He also affirmed the province’s unwavering support for Thai businesses and investors interested in exploring investment opportunities in Hoa Binh, in line with Vietnamese laws and regulations.
ThaiCham President Praween Wirotpan welcomed the meeting and commended the engagement between both sides. He affirmed ThaiCham's commitment to foster investment in trade, high-tech agriculture, manufacturing, and especially tourism, which are also areas where Thai enterprises excel and Hoa Binh seeks growth.
The two sides discussed and reached consensus on several cooperation topics. They expressed hope that ThaiCham's presence in Hoa Binh would bolster investment, trade and tourism ties between Vietnam and Thailand in general, and Hoa Binh province in particular.
The meeting aimed to open up new opportunities for Thai investors in Hoa Binh by providing an insight into economic policies, business conditions, and the local business environment; offering consultancy and connections to create business opportunities and promptly relaying business feedback to local authorities.
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.
