(HBO) – Lac Son district has become a spot in investment attraction, as more investors both inside and outside Hoa Binh province have come to the locality.
Sankor Vietnam that specialises in
electronic component manufacturing in Xuat Hoa commune, Lac Son district, has
created jobs for about 500 labourers.
Lac Son now counts 25 licensed projects with total investment capital of
596.7 billion VND. Of the projects, 14 have been operational, and five are
under construction.
Apart from investment attraction solutions, the district has created optimal
conditions for businesses to complete negotiations on land hand-over with
households in project areas.
Besides, six companies and investors have planned to invest in Lac Son,
including SunGroup with an eco-tourism project in Doi Thung, Quy Hoa commune.
The district has given instructions on land hand-over, the grant of land-use
right certificates, compensation work and site clearance to ensure progress of
the projects.
According to Nguyen Ngoc Diep, Secretary of the district Party Committee, Lac
Son has issued a resolution on investment attraction and infrastructure
development in combination with tapping local potential and strength to serve
socio-economic development.
Focus will be paid to projects whose funding comes from organisations and
individuals, as well as key projects, he said.
Lac Son will facilitate the implementation of ongoing projects in order to soon
put them into operation./.
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.
