(HBO) - The provincial management board of industrial parks (IPs) reviewed activities in 2020 and launch this year’s tasks during a conference held on January 12, which was attended by Vice Chairman of the provincial People’s Committee Dinh Cong Su.
Leader of the provincial IP management
board presents certificates of merit to outstanding businesses.
In 2020, operations of
local IPs bore the brunt of COVID-19. However, under the leadership of local
authorities and the management board, as well as efforts by investors and
firms, the development of IPs obtained significant results.
Local IPs attracted
nine new investment projects in the year, fulfilling 112.5 percent of the plan,
while five projects began operation, earning 15.72 trillion VND (685.32 million
USD) in revenues, meeting 104.8 percent of their plans. IP-based enterprises
posted exports value of 640 million USD and paid 200 billion VND into the State
budget.
Also during the year, investment
totaling 105.15 billion VND was poured into building key facilities at the Da
river left-bank, Yen Quang, Mong Hoa and Lac Thinh IPs.
In 2021, the key
targets set by the management board included drawing 10 new projects, raking in
15.8 trillion VND in revenue and 700 million USD in export turnover, and
creating jobs for 1,760 people, among others.
Addressing the
conference, Vice Chairman of the provincial People’s Committee Dinh Cong Su
asked the board to continue provide consultation for local authorities and
relevant agencies, in order to complete targets and tasks stipulated in
Resolution No.09 NQ-TU dated May 26, 2014 and other documents of the provincial
Party Committee.
He instructed the
board to implement tasks assigned by the Secretary of the provincial Party
Committee and the provincial People’s Committee, towards the goal of raising
occupancy rate at the Da river left-bank IP to 100 percent, 50 percent in Mong
Hoa IP, 20 percent in Yen Quang IP, and 60.04 percent in Nam Luong Son IP.
In addition, the board
should help the People’s Committee to build a proposal on infrastructure
investment in Nhuan Trach IP to submit to the Prime Minister for approval, and
to bolster investment at Lac Thinh.
The provincial leader
urged IP-based firms to exert efforts to surmount difficulties foster revenue
growth, and prevent disruptions in supply and demand amidst disasters and
diseases.
Those with excellent
achievements in 2020 were honoured on the occasion./.
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.