The People's Committee of Hoa Binh Province has issued Plan No. 93 on supporting small and medium -sized enterprises (SMEs) in the province in 2025. Accordingly, it has decided to allocate VND 3.5 billion from the central budget to support these businesses. 


Many small and medium-sized enterprises operating in the province are hoping to receive support policies to enhance their competitiveness in the market. Photo taken at Cao Phong company, Cao Phong district.

The Investment, Trade, and Tourism Promotion Center of the province is assigned to survey the needs, select participating enterprises; develop detailed budget estimates according to the support content and submit them to the Department of Finance for appraisal, then submit to the Provincial People's Committee for approval and direct the implementation.

According to the plan, the Provincial People's Committee expects to allocate VND 1.4 billion to support technology for businesses, including strategic consulting, consulting on digital transformation solutions for businesses to apply to production, business, and management processes, and business model transformation. 

Regarding support for human resource development training, it is expected to allocate VND 600 million to support specialized business management training for 30 - 40 trainees; support direct training courses at production and processing enterprises for 70 - 90 trainees who are representatives of enterprises (priority given to female-led businesses or those employing many female workers). Notably, VND 1.5 billion is allocated to support consulting for businesses participating in industry clusters and value chains.

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