(HBO) – Developing industrial parks and clusters to attract investment will greatly help create jobs, raise income for workers, guarantee social security, and boost socio-economic development. Mindful of this, the Hoa Binh provincial Party Committee and People’s Committee have paid great attention to the issue. The province is striving to expand the area of industrial parks and clusters to about 1% of its total area - a target set in the resolution of the 17th provincial Party Congress.
Technical infrastructure of the Tien Tien industrial cluster
in Quang Tien commune, Hoa Binh city, has been developed rather comprehensively
and attracted secondary investors.
According to the initial planning, Hoa Binh
province would have eight industrial parks with a total area of over 1,500ha.
Basing on demand and implementing the 17th provincial Party Congress’s
resolution, the provincial People’s Committee ordered a survey be conducted in
some localities with investment attraction potential. Authorities have agreed
to add four industrial parks covering 1,493ha in Yen Thuy, Lac Son, and Da Bac
districts to the provincial planning for 2021 - 2030, with a vision to 2050.
That has raised the number of planned industrial
parks in Hoa Binh province to 12 with a total area of about 3,000ha. Besides,
21 industrial clusters covering 866,605ha have also been planned.
To boost technical infrastructure development
and the occupancy in industrial parks and clusters, the provincial People’s
Committee set up a steering board for infrastructure development in those
zones. This board has held quarterly or sporadic meetings to devise solutions
to difficulties facing infrastructure and secondary projects in industrial
parks and clusters.
As of August 2022, nearly 1.25 trillion VND
(50.2 million USD) was spent on developing industrial park infrastructure,
including 227.8 billion VND from the central budget, 354.1 billion VND from the
local budget, and 667 billion VND from investors.
Local industrial parks attracted 104 projects,
including 26 FDI ones worth 514.8 million USD (respectively accounting for
66.7% and 83.5% of the total in Hoa Binh) and 78 domestic ones worth nearly
13.6 trillion VND.
In 2021, businesses based in industrial parks
earned nearly 18.19 trillion VND in revenue and 690 million USD from exports,
equivalent to 44.36% of the province’s total industrial production value and
56.6% of the total overseas shipments, while contributing 250 billion VND to
the State budget.
In the first nine months of 2022, they raked in
about 15.4 trillion VND from production and business activities, up 24% year on
year, and created jobs for some 20,100 people.
From 2014 to 2022, local industrial clusters
attracted 25 investment projects, raising the total to 28 with combined capital
of almost 2.6 trillion VND. This year, they provided jobs for about 1,300
people and generated an estimated industrial production value of 1.7 trillion
VND./.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.