(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
eco-tourism.
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./.
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.
