Hoa Binh province always accompanies enterprises, investors and cooperatives to create a favourable and transparent business climate, Vice Chairman of the provincial People’s Committee Nguyen Van Toan affirmed on July 4.
At the dialogue.
A digital database on investment promotion launched by Centre for Trade, Investment and Tourism Promotion.
Chairing the dialogue with enterprises, investors and cooperatives in the locality, Toan acknowledged the business community’s positive contributions to the province’s development over the past years. He expressed his hope that more meetings and dialogues will be held to help the local administration grasp information and remove roadblocks for the firms for mutual development.
Representatives of enterprises spoke highly of the provincial People’s Committee and competent departments and sectors’ efforts in handling their bottlenecks, proposing several issues that need to be tackled, including site clearance and land and construction procedures.
They suggested the province take incentives for the tourism sector, and support cooperatives with the processing of agricultural products, evaluation and classification of OCOP goods, and cost of the granting of planting area codes.
Toan asked the enterprises to continue accompanying the province in carrying out projects at an early date so as to accelerate the disbursement of public investment, and ordered leaders of departments and sectors to join hands with the businesses to handle their difficulties.
At the event, the Centre for Trade, Investment and Tourism Promotion launched a digital database on investment promotion at https://xuctiendautu.hoabinh.gov.vn, providing information on the province’s investment climate, mechanisms and policies to lure investment, master plans, and socio-economic development strategies and targets, among others.
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.
