The Management Board of Hoa Binh Industrial Parks has defined the enhancement of quality of local industrial parks (IPs) as one of the key solutions to attract secondary investors. Currently, Hoa Binh has eight IPs with a total planned areas of over 1,507 hectares, two of which have had complete technical infrastructure system. Many IPs have seen high occupation rate, including Luong Son IP with 100%, Da River Left Bank IP 91.53%, and South Luong Son IP 60.08%.
Construction of the road connecting National Highway 6 to Nhuan Trach industrial park in Luong Son district is being sped up.
This year, along with investing in necessary infrastructure works in local IPs, the board has designed planning for the construction of five IPs and sped up construction and ground clearance for the projects.
In 2023, the total investment in the construction of infrastructure system in local IP has reached over 700 billion VND (28.83 million USD) including about 600 billion VND from investors.
According to leaders of the board, so far, many infrastructure works have been on good process. The Da River wastewater treatment plant has completed and will be put on testing operation, while the ground clearance for the construction of a road to Yen Quang IP has finished. A road connecting Hoa Lac – Hoa Binh Expressway with Yen Quang IP has accepted the payment volume of over 50% of the assigned capital plan. At the same time, a project to build intersections and feeder roads in Lac Thinh IP is on a right track.
The board has also worked on the planning of eight additional IPs in Yen Thuy, Luong Son, Lac Son, Da Bac, Tan Lac district and Hoa Binh city with a total area of nearly 2,238 hectares.
Currently, the rate of operating IPs with standardised concentrated wastewater treatment system has reached 75%. The cleared area for investors is over 119 hectares, exceeding the plan by 8.4%.
Along with infrastructure development, the board has concentrated on improving the business environment and strengthening administrative reform and investment attraction.
Director of the board Chu Van Thang said that it has held regular meetings with businesses in local IPs to deal with their difficulties and gather their opinions.
As of the end of October, the board had reported four new projects worth 89.5 billion VND in local IPs, while an additional 89.92 billion VND was poured into operating projects.
To date, local IPs have attracted 109 projects, including 25 FDI firms with combined capital of 519.33 million USD. Businesses in the IPs reported a revenue of over 22 trillion VND and export value of 775 million USD, paying 250 billion USD to the State budget and creating jobs for more than 1,700 labourers.
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.
