(HBO) – The Party Committee and People’s Committee of Hoa Binh province are carrying out measures to mobilise capital for development investment and remove difficulties facing production and business activities so as to promote economic growth.
The
resolution of the 16th provincial Party congress for 2015-2020 has set the
target of an annual GRDP growth rate of at least 8.5 percent. By 2020, the
proportion of industry-construction in the local economy will increase by 10.44
percent, agro-forestry-fisheries down 6.32 percent, and services up 4.12
percent.
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The Hoa Binh Knitting JSC, based in the Da River Left
Bank Industrial Park of Hoa Binh city, has provided jobs for more than 400
local residents.
To that end, the provincial People’s Committee
has assigned concrete tasks to departments, sectors and localities to tackle
difficulties and boost growth.
The Department of Finance has to mobilise
additional funding for development investment and cut down regular spending
while still ensuring capital for the implementation of social policies in line
with principles and allocation plans.
The Hoa Binh branch of the State Bank of Vietnam
needs to direct local credit organisations to facilitate businesses, cooperatives,
cooperative groups and households’ access to credit sources. It also has to
encourage credit organisations to open transaction points in rural areas to
meet local credit demand.
Meanwhile, the Department of Agriculture and
Rural Development has to give counseling in terms of farmland use restructuring
while keeping the current area of cultivation stable. It also needs to guide businesses,
cooperatives, business households and farmers in developing production in
accordance with plans and applying high technology, thus improving product
quality and minimise unplanned agricultural practices. Additionally, the agency
needs to carry out solutions to link production expansion with the market’s
demand.
The Department of Industry and Trade is
requested to take measures to boost export and expand markets while
coordinating with the customs department and relevant agencies to simplify
administrative procedures for export-import activities. The department was also
told to improve the management of industrial and mining activities and work
with the Hoa Binh Power Company to build power supply plans to meet economic
and daily activities.
The Department of Construction will have to
review and deal with difficulties facing the projects exploiting limestone for the
production of building materials so that these projects can be resumed.
The Department of Natural Resources and
Environment needs to propose solutions to solve land disputes between
businesses and local residents in order to harmonise both sides’ interests and
ensure people’s livelihoods. It was also directed to create clean land for
investment attraction.
The Hoa Binh management board of industrial
parks was ordered to overhaul the planning of industrial parks and support the
projects already granted with investment certificates to accelerate their
implementation.
Besides, the provincial People’s Committee
assigned the Department of Transport to assist provincial leaders in proposing
the Ministry of Transport supplement the upgrade of National Highways 70 and 15
to the public investment plan. The agency was also asked to enhance
coordination with Son La province to speed up the construction of Hoa Binh –
Moc Chau highway.
Meanwhile, the People’s Committees of
district-level localities were demanded to resolve obstacles in site clearance
in a timely manner to make land ready for public investment and socio-economic
development projects. They were told to carry out administrative reforms in a
more substantive manner to facilitate people and businesses’ activities./.
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.
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.
