In the first 9 months of 2024, the Provincial People's Committee directed the appropriate authorities to receive and process 3,029 turns of records.
Across the province, there are 363
newly-established enterprises with a total registered capital of over 6,500
billion VND and 215 affiliated units; The number of approved changes is more
than 1,920 turns of records; The number of the request for businesses to amend
and supplement is 383 documents; 233 businesses temporarily ceased operations,
83 businesses resumed operations; Dissolving 54 independent enterprises,
terminating operations of 67 affiliated units.
In the last months of the year, the
Provincial People's Committee directed the functional departments, branches and
localities to improve the quality of investor selection associated with
reviewing and withdrawing the slow implementation projects, non-implementation
projects, and the projects with the signs of holding land, waiting for an
opportunity to transfer, violating the law. It is necessary to continue to
promote the administrative reform; promptly proposing the Provincial People's
Council to promulgate the specific mechanisms, policies, and decentralization
contents to create a favorable legal corridor for the effective organization
and implementation.
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
