The Hoa Binh provincial People’s Committee held its second 2024 dialogue with businesses and investors in the locality on December 2. Chaired by Chairman Bui Van Khanh, the event brought together provincial leaders, district officials, and representatives of business associations.
Bui Van
Khanh, Chairman of the Provincial People's Committee, speaks at the dialogue.
During the even, Khanh highlighted the significant contributions
of businesses and investors to local development, including job creation for
local workers. The dialogue aimed to address challenges, gather feedback, and
foster a more transparent, supportive, and dynamic business environment to spur
socio-economic growth.
Key matters included the Department of Construction’s monthly
updates on construction material prices to align with market conditions and the
Department of Natural Resources and Environment’s efforts to expedite permits
for mining activities. These measures helped address logistical issues faced by
enterprises.
Businesses raised concerns about land clearance, administrative
procedures, and project approval. Provincial leaders provided direct responses
and committed to improving processes for land management and project
implementation.
The provincial Investment, Trade and Tourism Promotion Centre
also introduced programmes supporting small and medium-sized enterprises in the
province.
Khanh
urged relevant agencies to continue addressing business challenges, enhancing
competitiveness, and collaborating with central authorities to resolve issues
beyond the province’s jurisdiction. Businesses and investors were encouraged to
partner with local authorities to achieve shared development goals.
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.
