(HBO) - Yen Thuy district has advantages in terms of location and transportation and it has taken various measures to attract investment and sustainably restructure its economy over the previous years.
The district not only
has transport links with neighbouring emerging provinces, such as Ninh Binh,
but also is known for its dynamic development in large-scale agriculture and
great potential for the development of industry, resort tourism and
With support from district authorities, Nam Son
Co., Ltd., which is located in Yen Binh village, Doan Ket commune, has expanded
production with good business performance.
Yen Thuy has effectively enforced investment
incentives, promoted public administrative reform, and facilitated investment
attraction into local industrial parks. It has also focused efforts on site
clearance and human resources development to meet businesses' demand.
Hoang Tien Son, head of the district’s economic
and infrastructure division said being aware of the importance of transport
infrastructure in luring investors, Yen Thuy has renovated and repaired over
91.1 km of roads at total cost of more than 125 billion VND; concreted about
18.86 km of rural roads, with combined investment of nearly 17.8 billion VND,
between 2015 and 2020.
So far, the district has concreted all main
roads leading to communes’ centre, close to 76.19 percent of district roads and
80,2 percent of communal roads.
It has urged faster construction of a road
connecting Ho Chi Minh Road, National Road 12B and National Road 1 to meet
travel demand. The road is expected to pave the way for attracting investment
to disadvantaged communes, such as Bao Hieu, Lac Suong and Lac Sy.
The district is home to the 220-hectare Lac
Thinh Industrial Park, which has been named in the national plan for industrial
park development by 2020 adopted by the Prime Minister. The district now has 22
projects having received in-principle approval of the provincial People’s
Committee. Together they cover a total of 197.4 hectares and have combined
investment of nearly 7.2 trillion VND.
Yen Thuy has been strengthening cooperation with
relevant provincial departments and agencies to expand the Lac Thinh Industrial
Park’s area to over 1,000 hectares. A joint venture of nine company members of
Xuan Thien Group has proposed the district develop infrastructure in the Lac
Thinh Industrial Park and a 500-hectare hi-tech animal farming and food
processing complex worth a total invesmtnet of 28 trillion VND.
The district has been speeding up clearance of
around 705 hectares of land in Hang Tram township and Huu Loi commune for a
project of FLC Group as well as the progress of a quarry project, with designed
capacity of 2.5 million tonnes per year, operated by cement producer Xuan Son,
a member of Xuan Khiem Group.
The district has also been working with the
investor to survey mineral springs in Ngoc Luong commune in order to develop an
eco-resort here. The project is expected to receive in-principle approval of
the provincial People’s Committee by the end of the first quarter of 2021.
Bui Huyen, Vice Chairman of the Yen Thuy
People's Committee said in the coming time, the district plans to continue
adopting land use planning over the next 10 years and land use plan for this
year and removing barriers to investment attraction. It will focus on
high-quality human resources training and create all possible conditions for
the establishment of joint ventures and economic linkages as the district is
striving to become an ideal destination for both domestic and foreign
investors, he added./.
(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.