(HBO) – The northern province of Hoa Binh introduced its potential and strengths as well as investment opportunities to British investors at an investment, trade and tourism promotion conference in London on October 11. The event saw the attendance of Vietnamese Ambassador to the UK Nguyen Hoang Long, representatives from the Vietnam Business Association in the UK (VBUK), and British businesspeople.

Chairman of the provincial People’s Committee Bui
Van Khanh and Chairman of the Vietnam Business Association in the UK Paul Hoang
sign a cooperation document.
In his opening remarks, Long said that Hoa Binh, which
borders the capital city of Hanoi, has a favourable location and abundant
investment opportunities.
He suggested British investors seek opportunities in
partnering with Hoa Binh in the fields of exploring tourism, high-tech
agriculture, and tertiary education development, as well as resort real estate.
Bui Van Khanh, Chairman of the provincial People’s
Committee, said that Hoa Binh is focusing on four strategic areas for
socio-economic development, including planning, infrastructure development,
improvement of institutions and the investment and business environment, and
human resources development.
He highlighted prioritised investment areas such as green,
clean and high-quality agricultural production, agro-forestry-aquatic
production and processing, resort tourism development, and ecological urban
development.
The provincial leader underlined that Hoa Binh plans to
further expand its basic infrastructure system to facilitate investment
activities, while providing preferential policies to investors, including
exemption and reduction of land rent, and import-export taxes, and support in
vocational training.
Khanh called on British investors to invest in Hoa Binh in
the fields of agriculture, industry, services, tourism, and development
research, pledging that the local administration always supports and
accompanies them for the benefits of both sides.
VBUK Chairman Paul Hoang said that the association is ready
to connect Vietnamese and British partners and support them in dealing with
problems during the cooperation process such as differences in business
culture.
On this occasion, Hoa Binh signed a cooperation document
with VBUK, under which the two sides will build a sustainable, long-term
cooperative relationship, creating benefits and development opportunities for
both sides.
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.