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(HBO) – The association of businesses in the northern mountainous province of Hoa Binh has held a meeting to mark the Vietnam Entrepreneurs’ Day (October 13).
The meeting saw the participation of Bui Van Tinh, member of the
Communist Party of Vietnam Central Committee, Secretary of the provincial Party
Committee and Vice Chairman of the provincial People’s Committee; Dr. Nguyen
Van Than, President of the Vietnam Association of Small- and Medium-sized Enterprises
(VINASME); Tran Thi Lan Anh, Deputy General Secretary of the Vietnam Chamber of
Commerce and Industry; officials from the provincial People’s Council, People’s
Committee, Vietnam Fatherland Front’s Hoa Binh chapter and local departments,
along with representatives of nearly 1,000 businesses in Hoa Binh.
Nguyen Cao Son, President of Hoa Binh’s association of businesses,
reported that over the past years, both quantity and quality of enterprises and
entrepreneurs in the province have increased rapidly, and business operation
has changed in line with the locality’s economic structure transformation,
tilting towards industry and services.
Besides, businesses have seen their operational efficiency and
competitiveness improved, and affirmed their pioneering role in the economic
sphere, contributing to fulfilling the locality’s socio-economic development
targets.
The association has organised a range of activities in Hoa Binh
city and 10 districts with the participation of five of its chapters and 12
organisations, and nearly 1,000 enterprises.
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Secretary of the Party Committee of Hoa Binh province Bui Van Tinh
and a VINASME representative present certificates of merit to businesses.
The association has also successfully performed external
activities and held working sessions with major firms and groups to introduce
investment potential of Hoa Binh in tourism and agriculture. Additionally, it
has assisted enterprises in the locality to raise administration capacity for
sustainable production and business, and launched many emulation movements.
The association has teamed up with departments and agencies in Hoa
Binh to organise dialogues with businesses to help them overcome difficulties
in production and business. The enterprises generate tens of trillions of Vietnam
dong, pay trillions of Vietnam dong to the State budget each year and offer
jobs to thousands of labourers, contributing to the local socio-economic
structure shift.
On this occasion, the association called on the businesses to
raise a fund of nearly 2.5 billion VND in support of poor students with
outstanding academic achievements./.
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.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
In 2019, the "One Commune, One Product" (OCOP) programme took root in Yen Thuy district. At the time, local products lacked branding, packaging, and labels, mostly sold in raw form through small-scale distribution. However, amid these challenges was a crucial advantage: farmers' willingness to change, experiment with standardised processes, and learn to package and price products based on value, not just weight.
Once barely visible on the northern region’s tourism map, Hoa Binh province welcomed 4.3 million visitors last year, generating a tourism revenue of nearly 4.74 trillion VND (USD), according for 31% of its GDRP. Beyond mere statistics, the milestone demonstrates that tourism and services have become new growth engines for the locality.
