(HBO) – The Chairman of the provincial People’s Committee on November 16 issued Document No. 1980/UBND-NNTN, approving plans on building a competitiveness index for districts, departments and sectors, and conducting a survey on businesses’ assessment of the business and investment environment in Hoa Binh city, districts, departments and agencies in the locality.
The
business community in Hoa Binh province has proposed to local authorities
measures to support enterprises and improve the local business environment.
The move is made in implementing the
resolution adopted at the 17th provincial Party Congress, which sets
the goal of improving the province’s ranking in the provincial competitiveness
index (PCI) by at least three places a year during the 2021-2025 period. It is also
expected to create significant changes in the local business climate.
The District and Department
Competitiveness Index (DDCI) will measure the satisfaction of enterprises,
cooperatives and household businesses about economic management capacity of
authorities of Hoa Binh city, districts, and provincial departments and
agencies.
The index will encourage local authorities
to work harder to raise their economic management quality, and better the
settlement of administrative procedures relating to investors, enterprises,
cooperatives and household businesses, thus facilitating their operation.
It will also create a trust-worthy,
transparent channel for investors, firms, cooperatives and household businesses
to contribute opinions on building local authorities.
The survey will be conducted from January
1 to December 31, 2021 through direct interviews in Hoa Binh city, all districts
and certain departments and agencies in the province.
As many as 400 enterprises, 20
cooperatives and 80 household businesses are expected to participate in the
study.
The provincial business association will
instruct its chapters in Hoa Binh city and districts to send officials to each
participating enterprise and cooperative to deliver questionnaires, and explain
the unclear points of the questions.
The index will be compiled based on
survey’s outcomes.
The building of the index is set to create
practical, strong changes in the mindset and actions of local authorities,
departments, agencies and the business community, thus helping to attract more
resources for local economic development./.
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.