(HBO) – Luong Son district has many advantages when it has been determined as an economic driving force of the northern mountainous province of Hoa Binh with convenient transport infrastructure.
Over the past years, the district has focused on the planning
work, boosting administrative reform, improving the local business environment,
and mobilising resources to develop industrial infrastructure in order to
create sustainable economic restructuring.
Currently, the district has three industrial parks approved by
the Prime Minister, including Luong Son, Nhuan Trach, Nam Luong Son.
(Photo: Representatives of authorised agencies review the
planning work of Nam Luong Son industrial park)
The Luong Son Industrial Park has been invested in synchronous
infrastructure. The park has 43 registered and operating projects, including 16
foreign direct investment (FDI) projects, 27 domestic direct investment (DDI)
projects, helping to raise export value, contribute to the State’s budget and
create jobs for over 13,489 labourers of them over 9,000 are local workers. The
district is focusing on developing key industrial infrastructure.
Following the direction of the provincial People’s Committee,
the People’s Committee of Luong Son district has instructed divisions and
People’s Committee of communes to review investment potential in the locality
in an attempt to complete the province’s strategy on the development of industrial
zones and clusters to 2030, and at the same time integrate it into the
provincial master plan for the period of 2021 - 2030, with a vision to 2050.
Accordingly, the provincial People's Committee has proposed
supplementing the planning of two new industrial zones with a total area of
652.85 hectares, including Thanh Cao industrial park in Thanh Cao commune
covering 215.15 hectares and Tan Vinh industrial park in Tan Vinh commune with
an area of 437.7 hectares, bringing the total planned number of industrial
zones in the district to five industrial zones, with a total area of 1,153.73
hectares.
There are 84 projects in the district, of which five are FDI
projects, with total registered capital of nearly 34 million USD, and 79 DDI
projects with total registered capital of 13.93 trillion VND (589 million USD).
Deputy
Head of the district's Division of Infrastructure - Economic Affairs Nguyen
Hong Anh said in the first six months of 2023, the value of industrial,
handicraft and construction production is estimated at 48.81% of the yearly
plan (about 12.88 trillion VND), up 16.26% over the same period in 2022. The
province’s total export value was estimated to reach 335 million USD, reaching
45.9% of the yearly plan assigned by the district (730 million USD), up 32.2%
over the same period in 2022./.
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.
