(HBO) - Yen Thuy district has advantages in terms of location and transportation and it has taken various measures to attract investment and sustainably restructure its economy over the previous years.
The district not only
has transport links with neighbouring emerging provinces, such as Ninh Binh,
but also is known for its dynamic development in large-scale agriculture and
great potential for the development of industry, resort tourism and
With support from district authorities, Nam Son
Co., Ltd., which is located in Yen Binh village, Doan Ket commune, has expanded
production with good business performance.
Yen Thuy has effectively enforced investment
incentives, promoted public administrative reform, and facilitated investment
attraction into local industrial parks. It has also focused efforts on site
clearance and human resources development to meet businesses' demand.
Hoang Tien Son, head of the district’s economic
and infrastructure division said being aware of the importance of transport
infrastructure in luring investors, Yen Thuy has renovated and repaired over
91.1 km of roads at total cost of more than 125 billion VND; concreted about
18.86 km of rural roads, with combined investment of nearly 17.8 billion VND,
between 2015 and 2020.
So far, the district has concreted all main
roads leading to communes’ centre, close to 76.19 percent of district roads and
80,2 percent of communal roads.
It has urged faster construction of a road
connecting Ho Chi Minh Road, National Road 12B and National Road 1 to meet
travel demand. The road is expected to pave the way for attracting investment
to disadvantaged communes, such as Bao Hieu, Lac Suong and Lac Sy.
The district is home to the 220-hectare Lac
Thinh Industrial Park, which has been named in the national plan for industrial
park development by 2020 adopted by the Prime Minister. The district now has 22
projects having received in-principle approval of the provincial People’s
Committee. Together they cover a total of 197.4 hectares and have combined
investment of nearly 7.2 trillion VND.
Yen Thuy has been strengthening cooperation with
relevant provincial departments and agencies to expand the Lac Thinh Industrial
Park’s area to over 1,000 hectares. A joint venture of nine company members of
Xuan Thien Group has proposed the district develop infrastructure in the Lac
Thinh Industrial Park and a 500-hectare hi-tech animal farming and food
processing complex worth a total invesmtnet of 28 trillion VND.
The district has been speeding up clearance of
around 705 hectares of land in Hang Tram township and Huu Loi commune for a
project of FLC Group as well as the progress of a quarry project, with designed
capacity of 2.5 million tonnes per year, operated by cement producer Xuan Son,
a member of Xuan Khiem Group.
The district has also been working with the
investor to survey mineral springs in Ngoc Luong commune in order to develop an
eco-resort here. The project is expected to receive in-principle approval of
the provincial People’s Committee by the end of the first quarter of 2021.
Bui Huyen, Vice Chairman of the Yen Thuy
People's Committee said in the coming time, the district plans to continue
adopting land use planning over the next 10 years and land use plan for this
year and removing barriers to investment attraction. It will focus on
high-quality human resources training and create all possible conditions for
the establishment of joint ventures and economic linkages as the district is
striving to become an ideal destination for both domestic and foreign
investors, he added./.
(HBO) - The Phu Cuong – Song Da agro-fishery product processing and producing co-operative in Thinh Minh commune in Hoa Binh city on March 22 shipped 20 tonnes of banana with growing-area codes to China. This is the first shipment of the co-operative in this year after COVID-19 broke out.
(HBO) – Over the past time, Hoa Binh city has maintained its industrial and handicraft production, with a number of businesses even expanding their production capacity.
(HBO) - Hoa Binh province has seen considerable progress in the service sector which has not only met local residents’ demand but also created jobs and contributed significantly to the province’s economic development.
(HBO) – Shan Tuyet tea trees have been associated with people in Trung Thanh commune, Da Bac district, Hoa Binh province, since the 1980s. The trees once grew into forests and had not been served mass production. Ancient tea trees were once chopped down and replaced by maize and cassava.
(HBO) – The Hoa Binh Provincial People’s Committee held a meeting to discuss plans to develop industrial parks and clusters. The meeting was chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
(HBO) – Hoa Binh province was assigned by the Government to collect more than 4.15 trillion VND (181 million USD) for the State budget in 2021. The provincial People’s Council and People’s Committee also set a budget revenue target of 4.82 trillion VND. To realise those targets, local authorities and sectors have taken prompt action right since the year’s beginning to carry out Directive 03/CT-UBND, issued by the provincial People’s Committee on January 19, 2021, on the key tasks and solutions to implement the province’s socio-economic development, State budget collection, and defence – security plans for this year.