(HBO) - Being considered as the gateway of Hoa Binh City and located in the provincial important area of the economic dynamics, Ky Son district has many potentials and advantages to attract investment and economic development.
Son Thuy joint Stock Company, Dan Hoa Commune (Ky Son) is one of the enterprises that makes a great contribution to the budget of Ky Son district.
In order to create a favorable legal corridor and the environment for the investment and business, the People's Committee of the district issued a document to implement the Law on Investment and the decisions and the plans to attract investment of the provincial People's Committee. In addition, the People's Committee has advised the Party Committee to issue the Resolution No. 13 on promoting the investment attraction, infrastructure construction and urban development in Ky Son district; the People's Committee's Plan No. 106 on improving the business environment and improving the competitiveness. In particular, the People's Committee of the district has also decided to establish a working group to support and solve the investment attraction and the site clearance of the projects attracting investment in the district.
With the close direction of the different levels of the Party committee, the government has actively contributed to improving the investment and business environment, creating favorable conditions for the economic sectors to invest in the locality.
The district has organized a lot of meetings, working with the enterprises, promoting the image and the advantages of the district at the same time. Up till now, the district has been attracting 115 investment projects, focusing on the fields of industry, tourism, trade - service, petroleum trading, production and trading of the construction materials, environment and fisheries with a total registered investment capital of over 54,882 billion VND. The number and the scale of the project have increased gradually over the time and periods.
The projects are the driving forces of GDP growth, contributing to economic restructuring towards the industrialization and the modernization. A lot of projects have been in operation, significantly contributing to the district’s budget. Initially, the district has attracted high-tech projects in agriculture such as the conservation and development projects of high quality medicinal materials and High-tech agricultural project in Bai Noi village, Hop Thanh commune.
In the coming time, the district will continue the promotion, the construction and the development of high quality information and website packages for investors to provide a full and transparent system of policies and legal laws relating to the investment activities.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
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