(HBO) – Recently, Luong Son district of Hoa Binh province has continued to improve the investment environment, attracting investors to conduct surveys and make investment proposals.
The district has so far attracted 23 foreign direct investment (FDI) projects with total registered capital of over 307 million USD, accounting for 58.9% of the total projects and 49.8% of the registered capital of the province.
In addition, there have been 183 domestic investment projects worth over 31 trillion VND (1.2 billion USD), accounting for 29.2% of the province's projects and 28.8% of its registered capital.
In the first nine months of this year, local authorities gave in-principle approval to two projects with total capital of over 6 trillion VND.
In the reviewed period, the estimated value of industrial and handicraft products of the district reached 73.09% of the 2023 plan, which are valued at about 19.4 trillion VND, up 19.67% over the same period last year.
The district's total export value was estimated to hit 457 million USD, which is equivalent to 62.6% of the year's plan, a year-on-year increase of 15.4%.
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.
