Deputy Secretary of the Hoa Binh provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh had a working session with the Vietnam Electricity (EVN)’s Northern Power Corporation (EVNNPC) and Hoa Binh Power Company on March 3.
Deputy Secretary of the provincial Party Committee
andChairman of the provincial People’s Committee Bui Duc Hinh speaks at
the working session.
EVNNPC Deputy
Director General Vu Anh Phuong discusses investment in power grid to ensure
electricity supply for the locality.
Hoa Binh is now home to 12 operational
hydroelectric plants with a combined capacity of 1,959.75 MW, with the Hoa Binh
hydropower plant being expanded to have a capacity of 480 MW. The province's
110kV grid includes 10 substations with 16 transformers and has a total
capacity of 509 MVA.
According to the Hoa Binh Power Company, power
consumption grew by an annual average of 9.61% during 2016–2020, and 8.25%
during 2021–2023. For commercial electricity, the average growth rate reached
9.75% annually during 2016–2020.
The EVNNPC has invested heavily in Hoa Binh's
power infrastructure, allocating 940.5 billion VND (36.87 million USD) for 13
projects on 110 kV transmission lines during 2021–2025, and over 798 billion
VND for medium- and low-voltage networks during 2020–2024.
Currently, 99.98% of households in the province
have access to the national power grid, and all the 129 communes have met
Criterion No. 4 for electricity infrastructure in the national criteria on
new-style countryside building.
At the working session, participants discussed
achievements, challenges, and strategies to ensure stable electricity supply
throughout 2025 and beyond.
The EVNNPC acknowledged the province's
recommendations and called for approval of several proposed projects. It
committed to sufficient and safe power supply for local socio-economic
development, particularly for the industrial and tourism sectors.
Chairman Hinh spoke highly of the progress made
in electricity supply and infrastructure development, asking the EVNNPC to
develop plans ensuring stable power supply for industrial zones and the Hoa
Binh Lake tourism area.
He also requested the EVNNPC to allocate funds
for upgrading medium- and low-voltage lines and transformer stations, expedite
ongoing projects, and expand substation capacity to reduce overloading. He
emphasised the importance of close coordination with local departments and
sectors to overcome challenges related to land clearance, route planning, and
investment approval.
Implementing the "One Commune - One Product" (OCOP) programme, the People's Committee of Yen Thuy district in Hoa Binh province has directed local communes and towns to prioritise the restructuring of crop production towards enhancing quality and efficiency.
Along with cultivation following good agricultural practices, the 3T Cao Phong Agricultural Cooperative (3T Farm), located in Cao Phong town, Cao Phong district, focuses on researching and applying scientific techniques to produce processed products from fresh oranges. This not only helps diversify products but also promotes sustainable consumption while maximising the value of the fresh oranges grown in Cao Phong.
The Xuan Son Cement Plant project, with a total investment exceeding five trillion VND (more than 196 million USD), is under development on a 40-hectare site in Ngoc Luong commune, Yen Thuy district. As one of 14 key projects in Hoa Binh province, the plant is expected to create a breakthrough in the local economy.
The tax sector of Hoa Binh province has proactively implemented key tasks and solutions since early 2025 to complete the state budget revenue target of 5.8 trillion VND (227.71 million USD) assigned by the Government and the Ministry of Finance; and 6.8 trillion VND set by the provincial Party Committee, People's Council, and People's Committee. Land-related revenue remains a crucial source in the locality’s state budget plan in 2025.
With its vast forest land, Da Bac district has focused on reforestation and developing forest economy over the past few years to improve livelihoods and increase income for local residents.
In 2025, Hoa Binh’s banking sector will focus on providing capital to drive production and business activities. Credit institutions in the province are committed to meeting the loan demands of businesses and individuals, fostering economic growth.
