(HBO) - The Young Entrepreneurs’ Association of the northwestern province of Hoa Binh held a conference on March 27 to launch activities for this year.
The association’s current membership is 51.
In 2018, its activities greatly contributed to the State budget collection with
dozens of billions of VND, while creating jobs for more than 5,000 locals.
Members of the association proactively
participated in charitable and social welfare activities, including those to
build two houses for needy families and children’s playground. They also
organised programmes celebrating traditional Lunar New Year (Tet) holiday for
the poor, along with giving over 100 gift sets to policy beneficiaries,
disadvantaged families, local youths and workers, and people with disabilities.
Members
of the Young Entrepreneurs’ Association in Hoa Binh province launch tasks for
2019.
In the previous year, 10 members with
outstanding achievements in the work of the association and campaigns for young
entrepreneurs were awarded with certificates of merit from the central-level
Association of Young Entrepreneurs. Meanwhile, 10 member businesses received
certificates from the provincial association and one individual and a firm won
a prize of young outstanding start-up of the central-level association.
Furthermore, two local businesses were
among the 200 firms winning the Gold Star Award. Another member received
certificate of the Vietnam Youth Federation Central Committee for contributions
during 2018 winter and 2019 spring voluntary programmes. Additionally, one
member won first prize in a contest on creative start-up ideas of Hoa Binh’s
youths which was held for the first time.
In 2019, the provincial Young Entrepreneurs’
Association will continue regular charity and social welfare events. It will
join hands with partners to organise a forum on youth’s start-ups as well as
the second contest on creative start-up ideas of Hoa Binh’s youths.
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.