(HBO) - With the outstanding advantages of geographical conditions, cultural natural resources, Lac Thuy district is planned as the economic force area of the province. Many investors have been interested in research and implementation of large scale projects. Taking this opportunity, Lac Thuy district has coordinated with functional departments to remove difficulties and obstacles for investors to implement projects and ensure the planned progress.
The whole district has 45 investment projects
with the registered capital of approximately VND 13,930 billion. The District
People's Committee regularly grasps and removes difficulties to support
investors to implement the projects. Large-scale investment projects in the
area are in the process of infrastructure construction, procedures for land
acquisition, site clearance, basically ensuring the planned progress.
The project of Xuan Thien lime and light
industry plant was implemented by Xuan Thien Hoa Binh Limited Company in Yen
Bong commune, with an investment of over 8,000 billion VND, the total area of
the project is 162 hectares.
Hoa Binh Hi-tech Environment joint Stock
Company put the project of waste treatment plant in Dong Tam commune (Lac Thuy)
in operation.
Huong Binh cable car project in Phu Lao
commune of Thai Binh Duong Group Company has the total investment of 676
billion VND, total length of 2.8 km, and total land area of 21.88 hectares, of
which 13.22 hectares belong to the province’s area. In addition, the People's
Committee of Lac Thuy concentrated to support enterprises and investors to
accelerate the progress of some key projects such as the project of the
spiritual resort of Phu Lao commune of Pacific Hoa Binh One –Member Limited
Company, with the investment of VND 3,123 billion; the investment project for
the construction of a high – level complex of cultural, recreational and
entertainment areas in association with aquaculture in Dong Tam commune of TH
Tourist joint Stock Company with the investment capital of VND 600 billion; the
project of waste treatment plant in Dong Tam Commune has been put into
operation, etc.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.