In 2024, the industrial and handicraft
production value in Lac Thuy District is estimated at VND 2,176.3 billion, an
increase of 17.8% compared to 2023. Key products include 114 million fired
bricks, 2.12 million garment products, 272.7 thousand tons of processed forest
products, and various other goods such as agricultural products, household
items, mechanical products, and printed materials.
Nakata Vietnam Packaging joint Stock Company,
operating in the Phu Thanh II industrial cluster, Lac Thuy district has created jobs
for many local workers.
The district has five industrial clusters
included in the province's industrial and handicraft development plan, with a
total planned area of 282.25 hectares. Among these, four industrial clusters
have been officially established, covering a total area of 215.86 hectares.
Three infrastructure investors have been selected, with two already approved
(Dong Tam Industrial Cluster and Hoa Binh High-Tech Environmental Industrial
Cluster). Procedures are being finalized to establish the Dong Tam II Industrial
Cluster with an area of 66.38 hectares and a total projected investment of VND
626 billion.
The industrial clusters have attracted 19
secondary investors, covering a total project implementation area of 54.28
hectares, with a total registered investment of VND 1,447.57 billion, achieving
an occupancy rate of 39.7%.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.
The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.
Deputy Secretary of the Hoa Binh provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh had a working session with the Vietnam Electricity (EVN)’s Northern Power Corporation (EVNNPC) and Hoa Binh Power Company on March 3.
Concessional loans from the Vietnam Bank for Social Policies (VBSP) have made significant contributions to delivering Hoa Binh province’s sustainable poverty alleviation target over the past years. Thanks to the loans, thousands of jobs are generated for local workers every year, helping them improve income.