(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./.
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.
.jpg)
