The electronic printed circuit board (PCB) manufacturing and processing project in Hoa Binh city’s Da River Left Bank Industrial Park of Japan’s Meiko Group, which has a total investment of 4.66 trillion VND (185.9 million USD), is expected to create jobs for thousands of workers and make a positive contribution to the local budget.
The provincial Party Committee and the provincial People's
Committee have directed relevant departments, sectors, and infrastructure
developers to support the investor in carrying out related procedures, and
speeding up the implementation progress, with the aim of putting the factory
into operation in the second quarter of 2025.

Construction on
the factory’s infrastructure sped up.
After many years of preparation, work on the factory started
on April 13, 2024. Once operational, it is expected to employ about 3,000
workers, and contribute about 200 billion VND per year to the budget by 2030.
At a recent working session with executives of the Meiko
Group, provincial leaders continued to affirm the best support for the investor
to effectively implement the project.
Secretary of the provincial Party Committee Nguyen Phi Long
appreciated the group’s decision to carry out a very big investment project in
Hoa Binh province. He stated that over the past time, the provincial
authorities have created favourable conditions for Japanese enterprises and
investors to conduct production and business activities, especially by guiding
and implementing investment procedures in accordance with legal provisions.
Hoa Binh is committed to accompanying the group in the
implementation process of the project, thereby contributing to Vietnam-Japan
relations, and to promoting sustainable socio-economic restructuring of the
province, he added.
Meiko President & CEO Yuichiro Naya said that the group
has invested in building four PCB factories in Vietnam, and the project in Hoa
Binh province is the fifth of its kind.
He also shared the group’s plan to build the second factory
in Hoa Binh after the first is put into operation in October 2025, hoping that
the group will have access to and use a stable power source and a clean water
system, and contribute to the development of Hoa Binh province in many other
fields.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
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.