(HBO) - To carry out the district’ resolution on investment attraction, the whole local political system has taken concrete measures. As a result, Lac Thuy now accommodates 53 investment projects totally worth nearly 18 trillion VND (776.9 million USD), mostly in such potential sectors as industry, agriculture, tourism and services. Twenty-nine projects or 54.7 percent of the total have been put into operation, and the rest are being carried out on schedule.
Home to charming landscapes, Lac Thuy district is a magnet for investors
in tourism and service sectors.
Some key projects are expected to help make
breakthroughs in economic restructuring such as the Xuan Thien lime and calcium
carbonate powder factory worth 8 trillion VND in Yen Bong commune; the Huong
Binh cable car project worth 676 billion VND in Phu Nghia commune; the
spiritual tourism site worth over 3.1 trillion VND in Phu Nghia; and the
sports, culture, entertainment, resort and eco-tourism complex in Dong Tam
commune.
To attract investment, authorities of Lac Thuy
have actively approached and assisted investors to tackle difficulties and
facilitated their projects. The district’s People’s Committee has issued a plan
on business climate improvement in which it assigns relevant agencies to step
up administrative reforms and site clearance, and help investors complete
investment procedures and implement their projects on schedule.
Lac Thuy has made use of central agencies’
support and mobilised other resources for developing infrastructure, especially
in the Dong Tam and Phu Thanh industrial parks, to promote its investment
attractiveness. The district has also worked hard to invite more investment to
potential fields and those it has strength in, solve obstacles to site
clearance in key projects, press on with administrative reforms, and create the
best possible conditions for project implementation./.
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.
