(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%.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
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