(HBO) - The Hoa Binh People’s Committee has organised a dialogue with entrepreneurs and investors to gain business updates and promptly address issues facing the business community, thus creating favourable conditions for their operations in the province.
Bui Van Khanh, Vice
Secretary of the provincial Party Committee and Chairman of the provincial
People’s Committee, concludes the function and assigns tasks to local sectors
and competent agencies.
In the first half of 2020, in addition to carrying out the
socio-economic development plan and state budget estimate as well as improving
the provincial business climate and competitiveness, the Hoa Binh People’s
Committee promptly implemented the Government’s resolutions on measures to
support those who are affected by COVID-19 and the Prime Minister’s direction
on urgent solutions to alleviate difficulties facing businesses and ensure
social welfare. However, operations of many sectors were hit hard by the pandemic,
with business and production activities stalled.
Between January and June, the province registered the
establishment of 171 new enterprises and 24 cooperatives with total capital of
5.2 trillion VND; while 12 enterprises and 8 cooperatives voluntarily dissolved.
Meanwhile, 152 enterprises, 25 cooperatives, and over 1,500 household
businesses temporarily suspended operation. The province attracted 27 investment
projects, seven projects less than that of the same period last year.
Concluding the function, Chairman of the provincial People’s
Committee Bui Van Khanh thanked the business community for their contribution
to Hoa Binh’s development and expressed his sympathy for the difficulties
facing them caused by the pandemic.
Khanh requested that local departments and sectors gather
the group’s comments, promptly reply to their proposals, clear their obstacles,
and facilitate their operations./.
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.
