(HBO)- Son Thuy joint Stock Company is one of not many effective enterprises producing and trading wood products in the province, creating a stable and sustainable development.

In 2018, Son Thuy joint Stock Company paid 20
billion VND to the State budget, creating jobs for 200 employees with an
average income of 5.5 - 7 million VDNa person every month.
Mr. Nguyen Xuan Thuy, the director of Son
Thuy joint Stock Company said that in 2006, the company built a wood and forest
product processing factory in Denh hamlet, Dan Hoa commune, Ky Son district.
The company has been investing tens of billions VND into machines and equipment
to expand the factories. All production processes are strictly controlled
towards the goal of producing the best quality products, building a reputation
and brand name in the market.
The company always takes care of building and
improving the working environment, ensuring the regimes for employees such as
paying insurance, health insurance. The company regularly organizes holidays,
takes care of the employees’ material and spiritual life to create a motivating
and joyful atmosphere, striving to complete the production and business
targets. From 2006 - 2014, the company succeeded in producing pressed wood,
outdoor tables and chairs, which were mainly exported to European countries.
In 2014, the company continued to invest in
producing film plywood and sawn timber, which were mainly exported to other
countries to be used as wood pressed ceilings and concrete base for the
construction of high-rise buildings. The company always accomplishes the annual
production and business targets, maintaining a stable and sustainable growth.
Currently, the company has had 2 wood - manufacturing factories. In 2018, the
company’s revenue is 450 billion VND, maintaining a stable job for 200
employees with an average income of 5.5 - 7 million VND / person / month. In
the last 2 years, the company paid an average of 20 billion VND a year to the
State budget, accounting for about one-third of the State budget of Ky Son
district. It is the leading enterprise to remit the State budget in the area.
In the near fuure, the company is considering to expand another wood producing
factory in Mong Hoa commune, Ky Son district.
Up to now, the company's area of
afforestation is about 5,000 hectares in Luong Son, Ky Son, Yen Thuy and Lac
Thuy districts.
(HBO) – With 10 projects and 36 subprojects, Hoa Binh's project on socio-economic development in ethnic and mountainous areas programme for 2021-2025 has significantly contributed to boosting economic growth, helping reduce poverty sustainably among ethnic people in the province.
(HBO) – The Thai Binh Tourism Co. Ltd, an affiliate of Pacific Group, held a ceremony in Phu Nghia commune, Lac Thuy district, Hoa Binh province, to start the construction of works in Hoa Binh section of the Huong Binh cable line project.
(HBO) - On May 26, Mr. Quach Tat Liem, the Vice Chairman of the Provincial People's Committee and the leaders from a number of departments and branches worked with the delegation of European Union in Vietnam, led by Mr. Mario Ronconi, the Director General in charge of South Asia - Southeast Asia at the Asia - Pacific - Middle East Department under the General Department of International Partnership as the head of the delegation, to introduce and discuss the potentials and strengths of the locality as well as the cooperation opportunities between Hoa Binh and European Union.
(HBO) - The Department of Economic Cooperation and Rural Development under the Ministry of Agriculture and Rural Development, Hoa Binh province’s Department of Agriculture and Rural Development, the People's Committees of Lac Son and Yen Thuy districts, and Fusa Organic Agriculture joint Stock Company on May 20 signed a strategic cooperation agreement on implementing a pilot project to build a material area of agricultural and forestry products that meet standards for domestic consumption and export in Hoa Binh province in the 2022 – 2025 period.
(HBO) - In recent years, farmers in Ngo Luong commune, Tan Lac district, have focused on raising animals native to the land, hence the formation of products imbued with the local identity, serving the future growth of tourism.
(HBO) – Over the years, the Hoa Binh Cooperative Alliance have rolled out various measures to support local cooperatives to develop farm produce production and selling chains, thus promoting the economic transition process, creating jobs and improving income for local farmers.