The 2020 - 2025 term of the provincial Party Congress has marked a period of great effort for Hoa Binh province, a locality still facing many difficulties yet gradually transforming, driven by public investment.

Immediately after land clearance was completed,
contractors accelerated construction progress on the Hoa Binh – Moc Chau
Expressway, particularly the section passing through Cao Sơn commune, Da Bac
district.
In the 2021–2025 period, Hoa Binh has been allocated the
largest amount of medium-term public investment ever. The province has
restructured its funding sources, prioritising public investment for
high-impact, strategic projects aimed at infrastructure breakthroughs and
acting as a crucial driving force for socio-economic development.
Entering the second year of implementing the Resolution of
the 17th provincial Party Congress (2020–2025 term), Hoa Binh officially rolled
out its medium-term public investment plan for 2021–2025. The total approved
funding after adjustments stands at 33.316 trillion VND ($1.27 billion),
including 12.39 trillion VND from the provincial budget and 20.925 trillion VND
from the central budget. This marks a record high, an increase of 170% compared
to the 2016–2020 period and significantly higher than previous terms. This
reflects the strong support from central authorities and the province’s efforts
to mobilise internal resources.
Alongside central budget allocations, the 12.39 trillion VND
from the provincial budget demonstrates the province’s capacity to balance
local finances and its determination to make a breakthrough in public
investment, especially noteworthy for a mountainous province with ongoing
hardships. To secure this record capital for public investment projects, the
province mobilised resources from land-use revenues, local budget overspending,
and concentrated development investment. It also stepped up efforts to attract
off-budget funding and social public investment for infrastructure development
projects.
A notable highlight in Hoa Binh’s mindset and action during
the 2021–2025 period is its strategic shift from scattered and fragmented
investment to focused, priority-driven investment. This change aligns with the
orientation set out by the 13th National Party Congress.
The province’s political system has reformed its thinking
and taken decisive action to activate public investment resources effectively.
Not only is there a record high in total investment, but the 2021–2025 period
also marks the province’s political determination to implement public
investment projects. With a "strategic focus” mindset and commitment to
breakthroughs, public investment has been linked to efforts to realise a key
strategic breakthrough in the 2020–2025 term: investing in synchronous and
modern infrastructure.
Specifically, the Resolution of the 17th provincial Party
Congress identifies infrastructure development as one of four strategic
breakthroughs to be implemented throughout the term. Under Project No. 02 on
socio-economic infrastructure development for the 2021–2025 period, the
provincial Party Committee has prioritised the development of road traffic
infrastructure and technical infrastructure for environmental protection and
climate change response.
Nguyen Van Danh, Director of the Department of Finance, said
medium-term and annual public investment plans are allocated in detail for each
project and construction work in compliance with regulations, procedures, and
timelines.
Additionally, the department advises the provincial People’s Committee to prioritise
public investment for large-scale, key, and regionally connected projects that
significantly impact local development, particularly major transportation
projects and industrial parks and clusters with high investment appeal. Thanks
to this, public investment is being used for the right purposes, delivering
tangible results, creating ripple effects throughout society, and overcoming
fragmented and scattered investment patterns.
In recent years, public investment has been channeled into
key projects as a central driver of socio-economic development. Notable
examples include the Hoa Binh – Moc Chau Expressway (provincial section) with a
total investment of 9.997 trillion VND, including 1.754 trillion VND from the
provincial budget; and the inter-regional road project linking Hoa Binh with
Hanoi and Son La (Hoa Binh – Moc Chau expressway), with a total investment of
4.120 trillion VND, including 1.620 trillion VND from the provincial budget.
Numerous important road projects have been initiated or upgraded. To date, the
province boasts over 11,170 km of roads, up by approximately 420 km compared to
2020.
In addition to transport, irrigation and dike infrastructure
projects have also been upgraded to ensure water supply, living conditions, and
residential safety. The national power grid now covers 100% of communes, wards,
and towns. Industrial zones and clusters have gradually achieved infrastructure
synchronisation, increasing the occupancy rate of industrial land and enhancing
investment attraction.
At the same time, the province has placed strong emphasis on
ensuring social welfare. Numerous public works in health, education, and
community development, funded by public investment, are now in place, offering
vivid proof of how appropriately timed and targeted public funding can yield
effective, visible outcomes.
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 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.
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.
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 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.
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.