(HBO) – A conference on investment promotion was held on February 26 in the northern province of Hoa Binh. Prime Minister Pham Minh Chinh attended and delivered remarks at the conference with the theme "Hoa Binh – a sustainable investment destination”.

Prime Minister Pham Minh Chinh and other participants present flowers to investment certificate recipients at the event.
Addressing the event’s opening ceremony, Nguyen Phi Long,
Secretary of the provincial People’s Commitee said Hoa Binh province has a very
important geopolitical-economic position. It is located at the western gateway
of Hanoi's capital. Hoa Binh city, the province’s centre, is over 70km far away
from Hanoi and 170km from Hai Phong city, he said, adding that this is an
important condition to attract investment.
With specific advantages in terms of climate and geography, Hoa
Binh province has been developing agriculture in a safe and effective way with
the preservationof the cultivated area of agricultural products with
well-known registered trademarks such as Cao Phong orange and Tan Lac red
grapefruit.
Under a development plan, which was approved by Prime Minister,
Hoa Binh will have eight industrial parks covering over 1,500ha.
Regarding tourism, the province has a lot of potential to
develop various forms of tourism including eco-tourism, resort, cultural and
spiritual tourism, especially Hoa Binh Lake tourist area, which has been
designed as a national tourist site. Hoa Binh strives to become an attractive
destination with typical tourism products as well as a major tourist centre of
the northern midlands and mountainous regions.
The provincial leader affirmed that local administration always
accompanies investors in their development.
In his remarks at the conference, the Prime Minister said that
Hoa Binh boasts many advantages for comprehensive socio-economic development,
especially in industrial and agricultural sectors with the application of high
technology.
To tap the potential and promote investment attraction, the PM
suggested the province improve the business investment environment and remove
difficulties for businesses and investors.
Chinh underlined the need to push up the implementation of three
strategic breakthroughs namely basic infrastructure and integrated transport
infrastructure, administrative reform and improvement of human resources
quality to meet the requirements of investors.
Investors were urged to pour investment in sustainable areas in
line with the province's advantages, focusing on emerging industries such as
digital transformation, digital economy and green economy.
At the conference, Hoa Binh authority handed over investment
certificates to investors of 15 projects with a total investment of over 47
trillion VND (about 2 billion USD)./.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.
The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.