(HBO) - Luong Son district in Hoa Binh province has taken numerous measures to improve the business environment and support enterprises and investors.

Transon Vietnam Limited Company at Luong Son Industrial Zone generates jobs for local labourers.

Over the past five years (2015-2020), the district has seen 450 new enterprises and 52 new co-operatives, and 1,128 business households formed or registering to change their business. It has also finished the shifting and consolidated operations of agricultural co-operatives following the 2012 Cooperative Law.

To date, Luong Son has had 916 businesses and co-operatives and 2,924 business households, doubling from those in 2015.

The district has so far attracted 182 investment projects, accounting for 32.1 percent of the province’s total number. Of the total, there are 23 FDI projects (60.5 percent of the province’s total), and 159 domestic ones, with combined capital of 298.9 million USD and 13.8 trillion VND, respectively.

Production and business projects have contributed to the district’s sustainable economic structure shifting./.


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