(HBO) – Luong Son district has many advantages when it has been determined as an economic driving force of the northern mountainous province of Hoa Binh with convenient transport infrastructure.
Over the past years, the district has focused on the planning
work, boosting administrative reform, improving the local business environment,
and mobilising resources to develop industrial infrastructure in order to
create sustainable economic restructuring.
Currently, the district has three industrial parks approved by
the Prime Minister, including Luong Son, Nhuan Trach, Nam Luong Son.
(Photo: Representatives of authorised agencies review the
planning work of Nam Luong Son industrial park)
The Luong Son Industrial Park has been invested in synchronous
infrastructure. The park has 43 registered and operating projects, including 16
foreign direct investment (FDI) projects, 27 domestic direct investment (DDI)
projects, helping to raise export value, contribute to the State’s budget and
create jobs for over 13,489 labourers of them over 9,000 are local workers. The
district is focusing on developing key industrial infrastructure.
Following the direction of the provincial People’s Committee,
the People’s Committee of Luong Son district has instructed divisions and
People’s Committee of communes to review investment potential in the locality
in an attempt to complete the province’s strategy on the development of industrial
zones and clusters to 2030, and at the same time integrate it into the
provincial master plan for the period of 2021 - 2030, with a vision to 2050.
Accordingly, the provincial People's Committee has proposed
supplementing the planning of two new industrial zones with a total area of
652.85 hectares, including Thanh Cao industrial park in Thanh Cao commune
covering 215.15 hectares and Tan Vinh industrial park in Tan Vinh commune with
an area of 437.7 hectares, bringing the total planned number of industrial
zones in the district to five industrial zones, with a total area of 1,153.73
hectares.
There are 84 projects in the district, of which five are FDI
projects, with total registered capital of nearly 34 million USD, and 79 DDI
projects with total registered capital of 13.93 trillion VND (589 million USD).
Deputy
Head of the district's Division of Infrastructure - Economic Affairs Nguyen
Hong Anh said in the first six months of 2023, the value of industrial,
handicraft and construction production is estimated at 48.81% of the yearly
plan (about 12.88 trillion VND), up 16.26% over the same period in 2022. The
province’s total export value was estimated to reach 335 million USD, reaching
45.9% of the yearly plan assigned by the district (730 million USD), up 32.2%
over the same period in 2022./.
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.
