(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.
(HBO) - Hoa Binh’s industrial production index in August 2023 increased by 17.65% compared to the previous month, but declined by 10.08% year-on-year, the provincial Statistics Office has reported.
(HBO) – External relations of Hoa Binh province are being expanded and developed in a substantive and effective manner, helping mobilise and capitalise on resources for sustainable socio-economic development as in line with the resolution of the 17th provincial Party Congress (2020 - 2025 tenure). The province has held many meetings and working sessions with partners and organisations in and outside the province to bolster investment cooperation.
(HBO) – Hau Nhat farm in Hang Tram town in Yen Thuy district has more than 3,000 grapefruit trees and thousands of chickens.
(HBO) - In the first months of 2023, the province's agricultural exports showed signs of recovery as some of its products found ways into new export markets. To maintain export growth momentum, in addition to exploring potential markets and improving product quality, it is necessary for businesses and cooperatives to diversify agricultural products to meet market demand.
(HBO) – Amidst the sluggish economic recovery, the banking sector and credit institutions have made great efforts in removing difficulties while creating momentum for economic growth through the implementation of effective monetary policies.
(HBO) - It is forecast that by 2025, there will be three criteria that are difficult to achieve in line with the Resolution of the 17th provincial Party Congress for the 2020-2025 tenure, namely economic growth, State budget collection and gross regional domestic product per capita. Thus, relevant agencies advise the provincial administration to focus on solutions, aiming to speed up the disbursement of investment capital, support key projects, and create a driving force to obtain 9% growth rate for the remaining time of the tenure.