(HBO) – The provincial Business Association held a conference on October 26 to discuss ways improving local business environment and competitiveness index.
Secretary
of the provincial Party Committee and Honorary Chairman of the provincial
Business Association Ngo Van Tuan addresses the conference.
In the past nine months, the province drew 35
projects, including two foreign-invested ones with a total registered capital
of over 16.8 trillion VND. As of the late September, there were 589 projects,
including 41 foreign-invested ones, worth more than 99.3 trillion VND. As many
as 275 projects have been put into operation, or 46.7 percent of the total.
In order to improve business environment, the
provincial Party Committee and People's Committee issued a number of documents
directing administrative reform, held meetings and dialogues to clear
difficulties faced by businesses and reform apparatus. However, problems remain
such as excessive, overlapping and sub-standard planning which hampers
investment and development. Administrative procedures regarding land is
considered the leading trouble for firms. Many enterprises find it hard to
access budget documents, land use planning and public investment plan. Access
to information relies on relationship while firms also face burden related to
inspection.
Speaking at the event, President of the Vietnam
Chamber of Commerce and Industry Vu Tien Loc lauded Hoa Binh for its improved
provincial competitiveness index (PCI) last year. He said there remains room
for the province to improve business climate and competitiveness, becoming a
new destination for investment attraction. In the near future, he suggested
enhancing communications to introduce its potential and advantages, especially
in tourism, high-tech agriculture, industry, particularly support industry to
serve the capital and northern key economic zone. He also called for
facilitating firms’ access to transparent information, tackling difficulties
regarding land, taxation and insurance procedures while improving working
efficiency of the local public administration service centre and the role of
business association.
Secretary Tuan said in the near future, the
provincial Party Committee and People’s Committee will drastically direct
planning, improve the working efficiency of one-stop shop mechanism, remove
bottlenecks in land and inspection procedures. Departments, agencies, districts
and city need to assign specific tasks to officers and step up digital transformation
among firms. The business association must raise its sense of responsibility
for assessing PCI and reporting difficulties to provincial leaders./.
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.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
