Lac Thuy district attracts investment in socio-economic development

9/12/2023 - 11:38:12 AM

(HBO) - In recent times, Lac Thuy district of Hoa Binh province has effectively implemented policies on investment incentives and administrative reform, helping lure investment in tourism and industrial clusters.

Ha Linh Trading and Investment JSC (Phu Thanh II Industrial Cluster, Lac Thuy) has created jobs for many local labourers.

Huong Binh cable car project in Phu Nghia commune, invested by Pacific Corporation, is a key one in Hoa Binh province. It links Huong Son Pagoda, a special national relic site in Hanoi’s outskirts district of My Duc, with Tien Pagoda in Phu Nghia commune, Lac Thuy district. The project is expected to bring new tourism products and contribute to local and regional socio-economic shifting.

Lac Thuy is now home to 68 investment projects with total registered capital of approximately 47.73 trillion VND (1.98 billion USD), of which 35 have been put into operation.

Its clear view is that industrial development must go in parallel with environmental protection and sustainable development.

The district has also put in place policies and regulations of the Party, the State, and the province to encourage investment, creating momentum and breakthroughs in industrial development.

There are five industrial clusters in Lac Thuy, of them three became operational, attracting 19 investors with combined capital of 1.4 trillion VND.

Nguyen Van Hai, Chairman of the People's Committee of Lac Thuy district, said to attract more investment, the district will upgrade its infrastructure towards harmony and modernity.

More attention will be given to land clearance and personnel training, he said, adding that the district will effectively use capital sources to accelerate economic restructuring and improve people’s living standards.

Workers excited to return to work after Tet

After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.

Sweet, fragrant red grapefruit of Tan Lac

Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness

Business association pledges support for local firms

The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.

Hoa Binh focuses on rural transportation infrastructure development

Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.

Two products in Hoa Binh have been recognized as “National OCOP products”

The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).

Bustling Tet market

As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.