R Technical Research Vietnam, a wholly-Japanese invested company, has operated successfully, significantly contributing to the locality’s export value.

The province has instructed the serious implementation of the Politburo’s Directive No. 38-CT/TW dated September 9, 2019, regarding the role and operation of VUFO in the new situation, and Directive No. 12-CT/TW and Project No. 01-DA/TW dated March 3, 2022, on the Party’s foreign affairs by 2025.

The provincial Union of Friendship Organisations was established in 2016, with three member organisations – the Vietnam-Laos Friendship Association, the Vietnam-Germany Friendship Association, and the Vietnam-Thailand Friendship Association.

The associations have reaped noted achievements in peace, solidarity and friendship activities and people-to-people cooperation, and proposed programmes and projects on friendship cooperation between Hoa Binh and foreign localities.

Hoa Binh counts nearly 800 people living, working and studying in Thailand, Laos, Taiwan (China), the Republic of Korea (RoK), Malaysia and a number of European nations.

Nguyen Van Chuong, Vice Chairman of the provincial People’s Committee and President of the provincial Union of Friendship Organiations, said Hoa Binh has seen overseas Vietnamese affairs as an important task.

Apart from seeking new relations, Hoa Binh has consolidated its good friendship with Huaphanh and Luang Prabang provinces of Laos, and localities of Mongolia and the RoK.

There are 16 foreign non-governmental organisations and international cooperation agencies in Hoa Binh, and 40 aid programmes and projects with more than 15 million USD committed.

Such programmes and projects mainly focus on agriculture, forestry, rural development, education, child protection, health care, clean water, environment and gender equality, among others.

The province has stepped up the communication work to popularise policies and guidelines of the Party regarding foreign affairs, helping international friends understand more about the land and people of Vietnam. /.

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In the first quarter, the total capital of the credit institutions was estimated at 40,128 billion VND

In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.

Lac Son - attractive destination for investors

Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.

Hoa Binh accelerating disbursement of ODA, foreign concessional loans

In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.

The man who promotes Kim Boi district’s fruit brand

Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.

Q1 disbursement of public investment funds reach 15% of yearly plan

The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.

Hoa Binh works hard to boost farm exports

Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods. The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.