(HBO) – Hoa Binh province ranked 62nd in the provincial competitiveness index (PCI) 2021, dropping18 places from the previous year, with its land access index reaching 5.93 points, down 0.35 point. According to the Vietnam Chamber of Commerce and Industry (VCCI), the province ranked 62nd in the land access index, down 16 places as compared with 2020.
Pho Cho residential area in the centre of
Luong Son district.
Among the 14 sub-indices, seven were in the 60th – 63rd
positions, four in the 43rd – 45th places, and only three in the top 30. Local competent agencies explained that the COVID-19
pandemic, overlapping legal regulations, the inefficiency in coordination
between relevant agencies and localities, along with sluggishness in
administrative procedures and land-related information supply are among the
reasons behind the poor performance.
Speaking at a recent meeting of the steering board for
improving the business environment and improving the PCI, Chairman of the
provincial People’s Committee Bui Van Khanh stressed the need to identify
responsibilities of departments, agencies and localities concerned to the
indices, including the one on land access. Local enterprises hope that with efforts by provincial
leaders, the announcement of land use plans and relevant administrative
procedures, as well as the completion of land dossiers will be sped up.
In addition, mechanisms and policies on site clearance and
compensation, and land price assessment are expected to be adjusted. There would be also improvements in the handling of
administrative procedures at land registration offices, thus raising confidence
and satisfaction of businesses and people./.
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.
