(HBO) – On March 2, the Hoa Binh People’s Committee held a working session with the Vietnamese Business Association in Japan (VJBA). The session was chaired by Nguyen Van Chuong, Vice Chairman of the provincial People’s Committee.
Representatives from the Vietnamese Business Association in Japan
present a souvenir to leaders of the Hoa Binh People’s Committee.
Currently, Japanese businesses have invested about 343.3 million USD in Hoa
Binh, mostly in Da River’s left bank industrial park, Luong Son industrial park
and other areas.
The VJBA has been operating for 11 years, focusing on giving career guidance to
the youth in Japan, sending high quality human resources of Vietnam to Japan,
exporting Vietnamese products to Japan through official channels, and
connecting businesses of the two countries, especially among small- and medium-sized
enterprises.
Representatives from the association expressed their hope for Hoa Binh’s
support and coordination to train Japanese-speaking workers and introduce high
quality agricultural products of Hoa Binh to Japanese consumers.
The two sides discussed conditions, potential and advantages for the local
development, challenges for investment connectivity and promotion activities as
well as human resources training, the connections among businesses and the sale
of farm produce in Hoa Binh and Japan.
Addressing the session, Vice Chairman Chuong said that this visit by Vietnamese
businesses in Japan to explore the local investment environment is a meaningful
activity on the occasion of the 50th anniversary of the bilateral diplomatic
relations.
Hoa Binh is keen on bringing more products and workers to Japan, he said,
expressing his hope that the VJBA will serve as a bridge connecting the
province and Japan in the fields of culture, politics and diplomacy.
He assigned the Hoa Binh Investment, Trade and Tourism Promotion Centre to act
as a connection point of the province, linking local departments, sectors and
trade associations to take steps to effectively implement cooperation
activities with the VJBA.
Hoa Binh’s gross regional domestic product (GRDP) grew 9.03% last year, with
per capita income reaching 66.7 million VND (2,827 USD) per year. The rate of
trained labourers was 59.2%.
The province has 729 private investment projects, of which foreign invested
ones account for 5%, valued at 608 million USD. Japanese enterprises have
poured 343.3 million USD into projects in the locality./.
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.
