The People's Committee of Hoa Binh Province has issued Plan No. 93 on supporting small and medium -sized enterprises (SMEs) in the province in 2025. Accordingly, it has decided to allocate VND 3.5 billion from the central budget to support these businesses.

Many small and medium-sized enterprises operating in the province are hoping to receive support policies to enhance their competitiveness in the market. Photo taken at Cao Phong company, Cao Phong district.
The Investment, Trade, and Tourism Promotion Center of the province is assigned to survey the needs, select participating enterprises; develop detailed budget estimates according to the support content and submit them to the Department of Finance for appraisal, then submit to the Provincial People's Committee for approval and direct the implementation.
According to the
plan, the Provincial People's Committee expects to allocate VND 1.4 billion to
support technology for businesses, including strategic consulting, consulting
on digital transformation solutions for businesses to apply to production,
business, and management processes, and business model transformation.
Regarding support for human resource
development training, it is expected to allocate VND 600 million to support
specialized business management training for 30 - 40 trainees; support direct training
courses at production and processing enterprises for 70 - 90 trainees who are
representatives of enterprises (priority given to female-led businesses or
those employing many female workers). Notably, VND 1.5 billion is allocated to
support consulting for businesses participating in industry clusters and value
chains.
Referred to as fish that is offered to kings, Bangana lemassoni raised in Mai Chau district has gained a foothold in the market over the years due to its delicious flavour. Many restaurants feature dishes from this speciality on their menus, and merchants actively seek it out. Seeing the potential, residents in several communes in the district have maintained and expanded fish farming areas, making it a key product of the locality.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.