(HBO) - To implement the resolutions of the 17th provincial Party Congress and the 26th Party Congress of Luong Son district for the 2020-2025 term with the goal of turning the district into a dynamic economic region, basically meeting the criteria of a township in 2025, the Party Committee and administration of Luong Son district focus on directing to solve difficulties and supporting investors to implement non-state funded projects, creating sustainable development.
Legacy Hill Hoa Binh project
of An Thinh Group is being implemented in Cu Yen commune, Luong Son district.
With a geographical location adjacent to the capital city of Hanoi and benefiting
from investment resources, potential land, natural resources and labour, Luong
Son district is being identified as the nucleus of key economic regions of the
province.
There are dozens of real estate,
housing, resort and eco-tourism projects in the district with many well-known
investors such as An Thinh Group, Next Media Group, Vietnam
Investment-Construction and Development joint Stock Company. The projects span
thousands of hectares. The implementation of projects basically met their
progress and efficiency. However, due to many subjective and objective reasons,
many of them have been delayed, resulting in the fact that the planning and
scale adjusted many times.
Recently, on June 25, 2021, the Luong
Son People's Committee held a dialogue with investors implementing non-state
funded projects in the locality. Accordingly, the district People's Committee
focused on solutions to remove obstacles for projects using non-state capital.
Regarding difficulties and limitations, recommendations and proposals of
investors to promptly remove difficulties in the implementation of projects,
relevant departments and agencies are requested to urgently and proactively
coordinate with investors to remove and accelerate the progress of projects as
planned.
The district People's Committee asked the investors to pay attention and
collaborate with the district’s authorities to accelerate the implementation of
projects and works in the region. The role and responsibility of the investors
should be enhanced. They should coordinate with relevant agencies in removing
obstacles in the past time.
The investors are also requested to introduce reputable and capable peers to
continue investing in the district./.
Along with cultivation following good agricultural practices, the 3T Cao Phong Agricultural Cooperative (3T Farm), located in Cao Phong town, Cao Phong district, focuses on researching and applying scientific techniques to produce processed products from fresh oranges. This not only helps diversify products but also promotes sustainable consumption while maximising the value of the fresh oranges grown in Cao Phong.
The Xuan Son Cement Plant project, with a total investment exceeding five trillion VND (more than 196 million USD), is under development on a 40-hectare site in Ngoc Luong commune, Yen Thuy district. As one of 14 key projects in Hoa Binh province, the plant is expected to create a breakthrough in the local economy.
The tax sector of Hoa Binh province has proactively implemented key tasks and solutions since early 2025 to complete the state budget revenue target of 5.8 trillion VND (227.71 million USD) assigned by the Government and the Ministry of Finance; and 6.8 trillion VND set by the provincial Party Committee, People's Council, and People's Committee. Land-related revenue remains a crucial source in the locality’s state budget plan in 2025.
With its vast forest land, Da Bac district has focused on reforestation and developing forest economy over the past few years to improve livelihoods and increase income for local residents.
In 2025, Hoa Binh’s banking sector will focus on providing capital to drive production and business activities. Credit institutions in the province are committed to meeting the loan demands of businesses and individuals, fostering economic growth.
According to the Tan Lac District’s Branch of the Vietnam Bank for Social Policies (VBSP), in January 2025, the bank disbursed nearly 18 billion VND to more than 300 poor households and policy beneficiaries. Notably, the employment solution loan program had the highest disbursement, with over 5.1 billion VND, helping 81 employees access the capital to create jobs and develop their economies.
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