(HBO) – The provincial business association has met recently to review its operation in the first half and set out tasks for the remaining months of this year.
An overview of the
meeting held by the provincial business association.
It has been operating in Hoa Binh city and nine
districts, with more than 700 member enterprises that employ some 10,000
labourers with a stable income.
In the first six months of this year, the
association gathered and supported businesses, provided consultancy for the
provincial People’s Committee, and coordinated with competent departments,
agencies and localities to provide information for businesses and help them
remove obstacles, and create a more favourable business environment, contributing
to attracting more investments and improving the provincial competitiveness
index (PCI).
The enterprises have made positive contributions
to local socio-economic development. Notably, the association has effectively
implemented the 2021 Department and District Competitiveness Index (DDCI).
Thanks to the efforts, it has received support
from agencies and localities, as well as the active participation of household
businesses, companies and cooperatives.
The association raised proposals and showed its
strong support for the province’s policies to step up administrative reforms
and improve the local investment environment.
It and its members intensified communication
activities, and paid heed to the emulation and reward work, as well as cultural
and sport activities. They also focused on Party building and the development
of organisations in businesses, while joining social and charitable affairs.
Regarding orientations and tasks for the last
six months, the association will continue to work as a representative of
businesses, and a bridge between them and State agencies.
It will organise more training courses for
businesses, enhance cooperation in trade and investment promotion, play a more
active role in charitable activities, and push ahead with patriotic emulation
movements./.
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.
