(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.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
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.