HBO – By July 15, 2017, industrial parks in Hoa Binh province had attracted 69 projects, including 20 foreign direct investment (FDI) projects with a total registered capital of 421.59 million USD and 49 domestic ones worth 8.23 trillion VND (around 362.6 million USD). Among them, 43 have been put into operation.
In July, these enterprises earned
total revenue of 1.05 trillion VND (46.3 million USD), bringing the total
figure in the first seven months of 2017 to over 7.11 trillion VND (313.5
million USD), equivalent to 59.2 percent of the annual target.
Meanwhile, their total export
turnover was valued at 43 million USD in July and 282.78 million USD during the
January-July period, or 61.74 percent of the annual target.
The enterprises also contributed 15
billion VND to the State budget in the month. The total figure in the
January-July period was 103.5 billion VND, equivalent to 54.8 percent of the
set target.

Japanese wholly-invested Bandai
company generates jobs for hundreds of local workers.
At present, as many as 15,400 labourers
are working in the industrial zones. Enterprises in the industrial zones,
especially FDI firms, have been developing stably, contributing remarkably the
province’s export value and State budget, and generating jobs for local workers./.
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.