(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./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.