(HBO) – In the recent past, Luong Son district has obtained a number of major achievements in investment attraction and socio-economic development. The number of investment projects in the district is accounting for more than 20 percent of the total in Hoa Binh province. Notably, foreign direct investment (FDI) projects here make up nearly half of those in the whole province. Many large and potential investors have put their trust in Luong Son.
The
Lvory villas & resort project in Lam Son commune features many high-end and
unique villas and resorts that are in harmony with nature.
Capitalising
on its advantages, including staying adjacent to Hanoi and being traversed by
many arterial roads, Luong Son has proactively considered and proposed special
mechanisms and policies to competent agencies so as to create an open and
transparent environment for investors to seek investment opportunities and
carry out production and business activities. Many urban infrastructure and
housing projects have been carried out, helping give a facelift to the
district.
The
majority of industrial projects operate in construction material, apparel, and
electronic component manufacturing. The Luong Son Industrial Park has been
fully occupied, providing jobs for more than 15,000 people, raising the export
value, and considerably contributing to the State budget. Meanwhile, the Nam
Luong Son and Nhuan Trach industrial parks have been working hard to attract
investors and develop technical infrastructure.
Many industrial
clusters have also been planned in the district such as the one covering 74.5ha
in Rut hamlet of Tan Vinh commune, and the 70ha Hoa Son industrial cluster.
So far,
Luong Son has attracted 198 investment projects, comprising 24 FDI ones with
registered capital totalling 307,018 USD and 174 domestic projects worth almost
23.26 trillion VND (1 billion USD). Numerous large investors have come to pour
trillions of VND into projects here, including the Hoang Long Hoa Binh cement
factory worth 4.98 trillion VND in Cao Duong commune.
Despite
impacts of the COVID-19 pandemic, the district has attracted seven projects
with registered capital of 224.28 billion VND so far this year. The enhancement
of investment attraction has helped many communes with low starting points
become role models in restructuring the economy, improving the material and
spiritual life for people, and upgrading infrastructure.
Chairman of
the district People’s Committee Nguyen Van Danh said Luong Son views boosting
investment attraction as a focal task for the time ahead. It prioritises
businesses with modern technology and those investing in industry, high-tech
farming, infrastructure of industrial parks and clusters, and tourism services.
To attract
more investment, authorities will step up administrative reforms, create the
best possible administrative procedures for investors, and promote site
clearance and resettlement in the areas covered by investment projects. In
addition, they will pay due attention to digital transformation, smart city
building, and supply online public services at Level 3 and 4, thereby obtaining
higher satisfaction from people and enterprises, he added./.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
