(HBO) - Luong Son district in Hoa Binh province has taken numerous measures to improve the business environment and support enterprises and investors.
Transon Vietnam Limited Company at Luong Son Industrial
Zone generates jobs for local labourers.
Over the past five years (2015-2020), the
district has seen 450 new enterprises and 52 new co-operatives, and 1,128
business households formed or registering to change their business. It has also
finished the shifting and consolidated operations of agricultural co-operatives
following the 2012 Cooperative Law.
To date, Luong Son has had 916 businesses
and co-operatives and 2,924 business households, doubling from those in 2015.
The district has so far attracted 182
investment projects, accounting for 32.1 percent of the province’s total
number. Of the total, there are 23 FDI projects (60.5 percent of the province’s
total), and 159 domestic ones, with combined capital of 298.9 million USD and
13.8 trillion VND, respectively.
Production and business projects have
contributed to the district’s sustainable economic structure shifting./.
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.