The People's Committee of Hoa Binh, in collaboration with the Thai Binh Duong Group, held a ceremony in Phu Nghia commune, Lac Thuy district on January 17 to inaugurate the Huong Binh cable car line and launch the Huong Binh Valley project.
Hoa Binh achieved all 19 socio-economic development targets last year, surpassing plans and marking a record high in state budget revenue. The province exceeded the Prime Minister's revenue target by 87%, ranking among the top localities that surpass budget revenue projections.
The infrastructure development and construction project for Nhuan Trach Industrial Park (IP), spanning a total area of 213.68 hectares across Nhuan Trach and Cu Yen communes in Luong Son district, officially broke ground on January 10.
In Thanh Cao Commune, Hanh Dat Company Limited has just held the Inaugurating Ceremony of Long Hung Manufactuaring, Trading and Service Wood Factory. There was the attendance of Mr. Quach Tat Liem, the Vice Chairman of the Provincial People's Committee.
Being located more than 10 km from the center of Hoa Binh city, Sen Vang Organic Farm is in Dong Chua hamlet, Thong Nhat ward. This is an ideal destination for those who want to immerse themselves in the nature and find the peace after the hustle and bustle of life. With an area of over 60 hectares, the farm is systematically planned, harmoniously combining the wild natural landscape and diverse experience areas. Sen Vang chrysanthemum tea is produced from organic, completely natural ingredients.
In 2024, Hoa Binh province witnessed signs of economic recovery, particularly in investment attraction. Notably, several projects are showing good progress, indicating that the vitality of businesses is positively correlated with the overall economic recovery.
The 25th Party congress of the Lac Thuy district for the 2020-2025 term identified the development of industry, trade, and services as its top priorities to drive the shift of the economic structure towards increasing the proportion of industry and services while reducing the that of agriculture, thus contributing to creating a motivation for socio-economic development in the locality.
Hoa Binh HKK Knitting Co. Ltd., located in the Hoa Binh Left Bank Industrial Zone, employs nearly 500 local workers with an average monthly salary of 8 million VND (3,150 USD).
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
The provincial Department of Industry and Trade developed a two-way trade model to enhance market access for the products of the ethnic minority people in Kim Boi and Lac Son district. The initiative aims at expanding distribution network for local essential goods.
Lac Thuy district has many advantages in terms of climate and soil; hard-working and diligent people, along with a large area of agricultural land to develop safe agricultural models. These are favourable conditions for the district to develop OCOP (one commune one product) products from its agricultural resources and strengths. In addition, its socio-economic infrastructure system has been renovated and upgraded, facilitating the development of trade, services and tourism.
Lac Thuy district of Hoa Binh has recognised the importance of handicrafts and rural industries in the agricultural economy, contributing to improved living standards and poverty reduction. Sustainable growth in these industries has facilitated the restructuring of agricultural production and labour, moving towards industrialisation and modernisation.
Deputy Minister of Construction Nguyen Viet Hung chaired a meeting in Hanoi on December 23 to assess a proposal on recognising Hoa Binh city as a tier-2 urban area under Hoa Binh province. Attending the event was Vice Chairman of the provincial People’s Committee Nguyen Van Chuong, Secretary of the Hoa Binh City Party Committee Nguyen Van Thang, as well as leaders from various departments and the Hoa Binh City People's Committee.
Agricultural production based on value chains is recognised as a sustainable approach that improves production efficiency and raises farmers' and businesses' incomes. Many enterprises and agricultural cooperatives in Hoa Binh have applied high-tech methods to production, linking their efforts to building value chains for their products.
In mid-December, the landscapes of many neighbourhoods and villages in Tan Lac district come alive with vibrant colours and bustling activity as pomelo orchards enter peak harvest season.
The provincial Cooperative Union (CPU) has just organized a conference to promote supply and demand outside the province and display the typical cooperative products of Hoa Binh province in Hanoi. There was the attendance of the leaders from the departments, branches, the provincial CPU, and the representatives of the cooperatives from 10 districts and the city. There was also the attendance of Hanoi city’s representatives of the city CPU and 22 enterprises and cooperatives in Hanoi.
The Cao Phong orange has emerged as a shining example of sustainable agricultural development in Hoa Binh province, distinguished as the first and only locally produced agricultural product to receive a geographical indication certification. Renowned for its thin skin, juicy flesh, and delicate sweet flavour, the fruit has won the heart of consumers for years. Local farmers have made their efforts to cultivate environmentally friendly and consumer-safe products, creating a stable and sustainable brand identity.
In recent years, ethnic minority households in the province have embraced forestry and livestock farming as key drivers of income generation. By harnessing the economic potential of forests, these communities have not only improved their livelihoods but also contributed to sustainable development.
