(HBO) – Recently, Luong Son district of Hoa Binh province has continued to improve the investment environment, attracting investors to conduct surveys and make investment proposals.
The district has so far attracted 23 foreign direct investment (FDI) projects with total registered capital of over 307 million USD, accounting for 58.9% of the total projects and 49.8% of the registered capital of the province.
In addition, there have been 183 domestic investment projects worth over 31 trillion VND (1.2 billion USD), accounting for 29.2% of the province's projects and 28.8% of its registered capital.
In the first nine months of this year, local authorities gave in-principle approval to two projects with total capital of over 6 trillion VND.
In the reviewed period, the estimated value of industrial and handicraft products of the district reached 73.09% of the 2023 plan, which are valued at about 19.4 trillion VND, up 19.67% over the same period last year.
The district's total export value was estimated to hit 457 million USD, which is equivalent to 62.6% of the year's plan, a year-on-year increase of 15.4%.
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.
