Chairman of the provincial People's Committee Bui Van Khanh has issued Plan No. 11/KH-UBND on implementing key tasks and solutions to improve the business environment and competitiveness of Hoa Binh in 2024
Photo: In 2023, GGS Vietnam Co., Ltd in
theDa River Left Bank Industrial ParkinHoa Binh city
overcomes difficulties to stabilise its production and business.
The provincial People's Committee set the goal
to strongly improve the business environment, and promote investment attraction
in the locality.
To that end, attention will be paid to improving
the Provincial Competitiveness Index(PCI) and creating a healthy
competitive environment; rapidly increasing the number of newly established
enterprises and cooperatives; reducing the rate of those that temporarily
suspend operation; and promoting the removal of difficulties and obstacles
facing people and businesses.
The locality will also focus on tasks and
solutions to accelerate the simplification of administrative procedures to
facilitate enterprises’ investment and business activities; and strengthen the role
of the provincial Business Association in assessing the implementation of
investment support policies and promptly criticising mechanisms and policies
related to business development.
In the Plan, the provincial People's Committee
specifically assigns departments, sectors, and the People's Committees of Hoa
Binh city and districts to perform tasks.
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.
