Funded through public investment, the Yen Quang Industrial Park infrastructure project in Hoa Binh city has shown good progress, proving effective in investment attraction.

In the final year of implementing its 17th provincial Party Congress's resolution (2020–2025), Hoa Binh has added 10 non-budget projects to its list of 24 key projects, with a total investment exceeding 102 trillion VND (3.9 billion USD).

The province’s leadership, including the provincial Party Secretary, have directly overseen progress, emphasising the urgent need to speed up the key projects, including one public-private partnership (PPP) project and five funded by the state budget.

Despite high-level determination, site clearance has emerged as a major bottleneck, affecting both public investment disbursement and the province’s broader investment environment and competitiveness.

Issues related to land and construction management, project coordination between investors and grassroots authorities, and limited local capacity have also contributed to delays.

Acknowledging these shortcomings, Bui Ngoc Tam, Director of the province's management board for transport projects, proposed that to improve public investment effectiveness in the coming time, it is necessary to promote power decentralisation during the implementation of the two-tier local government model to further empower grassroots administrations and improve their capacity. As new challenges will emerge during the implementation of inter-commune projects when many communes are set to be merged, mechanisms should be overhauled and coordination among investors, localities and related units bettered, with those at the grassroots level working more decisively.

Over the last five years, Hoa Binh has exerted efforts to tackle problems and gain experiences from reality. To shorten the project appraisal duration, the chairperson of the provincial People's Committee issued Decision1264/QD-UBND on June 27, 2022 to establish an investment appraisal council, thus creating a mechanism for close coordination between the appraisal body and investors. The province has also moved to improve the quality of public investment management rules, helping ensure smooth implementation of each project to turn public investment into a true driver for sustainable growth.

Determined to make breakthroughs in implementing the 2026–2030 medium-term public investment plan, the province is focusing on simplifying investment procedures, cutting intermediary steps, stepping up digital transformation in project management to increase transparency and supervision efficiency, and upgrading staff capacity, particularly at the grassroots level. These reforms are especially important as Hoa Binh is about to be merged with Phu Tho and Vinh Phuc provinces, forming a new Phu Tho province with a greater stature and development space.

With flexible governance and a renewed reform mindset, Hoa Binh is promoting public investment to open up a new avenue for development and strategic breakthroughs in the new era of the nation's rise.

Related Topics

Public investment fuels infrastructure breakthroughs in Hoa Binh's transformation journey

Hoa Binh tourism is estimated to welcome over 3 million visitors

Total policy credit outstanding balance reaches over 5,670 billion VND

Six-month industrial production index estimated to rise 20%

---

Exports exceeded 1.1 billion USD in 6 months

In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.

The effectiveness of professional models of association and group in Tan Lac district

The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.

Building the brand of Muong village clean food

With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.

Hoa Binh ethnic farmers join forces through collective economic models

In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.

Maintaining farming area codes: Key to bringing Hoa Binh farm produce to global market

Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.

Cooperative join promoting Hoa Binh’s clean food brand

With the motto "product quality comes first," the Ban Muong Clean Food Agricultural Cooperative in Hung Son commune, Kim Boi district, has gained consumers’ trust after nearly a year of operation. Their products, including Ban Muong Vietnamese pork sausage and ready-to-eat salt-cured chicken and pig's trotters, are gradually establishing a solid market presence, with efforts underway to complete their One Commune-One Product (OCOP) certification process.