Esquel Textile and Garment Group - a foreign company investing in a factory in Luong Son Industrial Park operates and makes a profit among foreign invested enterprises. In 2017, the company was honorable to receive the excellent emulation flag of the provincial People's Committee. Currently, the company is planning to invest in expanding production, creating jobs for 1,000 workers by 2019.

Esquel Vietnam Garment Company (Luong Son Industrial Park)

Private enterprises in the province are restructuring, reorganizing production, reducing costs, boldly investing in new areas of business that have previously been little or no interest. From the restructuring of the enterprise, focusing on the human factor, improving the business administration competence, implementing the "breakthrough" business solutions, Hoang Son Company effectively implemented many important invested projects in the fields of commerce, hydropower and being the successful investor of many important projects inside and outside the province, building prestige by many projects and constructions which contribute to the development of structure Socio-economic infrastructure of the province.

Hoa Binh Tourism joint Stock Company is one of the first enterprises to invest in tourism on Hoa Binh Lake. The company is implementing some key projects.

Up to now, the province has 2,773 enterprises, 385 cooperatives, 36,487 individual business households which are actively contributing to job creation and economic restructuring of the province. Annually, enterprises have achieved the turnover of trillions VND, creating new production capacity, paying hundreds of billions of VND to the state budget, creating jobs for thousands of workers, contributing significantly to the restructuring of the economy to sustainable development under provincial planning. In 2017, in the context of many difficulties, the province still achieved the economic growth rate (GRDP) of 9.46%. The total investment capital of the whole society was 11,840 billion VND. The export value reached at 505 million USD. The average income per capita reached at 40.5 million VND.

Related Topics

Kim Boi spreads movement of following President Ho Chi Minh’s examples

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Vice Chairman attends ceremony marking 60th founding anniversary of Yen Thuy district

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Hoa Binh ramps up efforts in cultural preservation, promotion

The Standing Board of the provincial Party Committee has issued a conclusion reviewing the three years implementing its resolution on preserving and promoting cultural values in Hoa Binh province for 2021 – 2025 with a vision towards 2030.

Hoa Binh’s socio-economic development discussed

alternate member of the Party Central Committee and Secretary of the Hoa Binh Party Committee Nguyen Phi Long on October 29 chaired the October meeting of the provincial Party Committee’s Standing Board, which focused on important issues related to the locality’s socio-economic development.

Party official visits revolution contributors in Hoa Binh city

Mai Van Chinh, member of the Party Central Committee and Chairman of its Commission for Mass Mobilisation, has visited and presented gifts to revolution contributors in Hoa Binh city. joining him were Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee; Bui Duc Hinh, Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council; and Bui Van Khanh, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee; along with other provincial officials.

Hoa Binh hopes for further support from EU, AFD: leader

Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh expressed his hope for more support from the European Union (EU) and the French Development Agency (AFD) for the local development, while hosting a delegation from the two organisations led by Vice President of the European Commission Margaritis Shinas on October 23.

Vice President pays tribute at President Ho Chi Minh memorial site in Kim Boi

During her working visit to Hoa Binh province on October 18, Vice President Vo Thi Anh Xuan toured a site where late President Ho Chi Minh once stayed when he visited the Kim Boi district’s Party Committee. She was accompanied by officials from various ministries, agencies, and central organisations.

Vice State President attends celebration of 60 years since President Ho Chi Minh’s visit, 65th founding anniversary of Kim Boi district

A ceremony was held in Kim Boi district on October 18 in the presence of Vo Thi Anh Xuan, member of the Party Central Committee and Vice State President, to mark 60 years since President Ho Chi Minh visited and met with the Party Committee of Kim Boi district (September 19, 1964 - 2024) and the 65th founding anniversary of the district (April 17, 1959 - 2024), and to receive the third-class Labour Order.