The electronic printed circuit board (PCB) manufacturing and processing project in Hoa Binh city’s Da River Left Bank Industrial Park of Japan’s Meiko Group, which has a total investment of 4.66 trillion VND (185.9 million USD), is expected to create jobs for thousands of workers and make a positive contribution to the local budget.
The provincial Party Committee and the provincial People's
Committee have directed relevant departments, sectors, and infrastructure
developers to support the investor in carrying out related procedures, and
speeding up the implementation progress, with the aim of putting the factory
into operation in the second quarter of 2025.

Construction on
the factory’s infrastructure sped up.
After many years of preparation, work on the factory started
on April 13, 2024. Once operational, it is expected to employ about 3,000
workers, and contribute about 200 billion VND per year to the budget by 2030.
At a recent working session with executives of the Meiko
Group, provincial leaders continued to affirm the best support for the investor
to effectively implement the project.
Secretary of the provincial Party Committee Nguyen Phi Long
appreciated the group’s decision to carry out a very big investment project in
Hoa Binh province. He stated that over the past time, the provincial
authorities have created favourable conditions for Japanese enterprises and
investors to conduct production and business activities, especially by guiding
and implementing investment procedures in accordance with legal provisions.
Hoa Binh is committed to accompanying the group in the
implementation process of the project, thereby contributing to Vietnam-Japan
relations, and to promoting sustainable socio-economic restructuring of the
province, he added.
Meiko President & CEO Yuichiro Naya said that the group
has invested in building four PCB factories in Vietnam, and the project in Hoa
Binh province is the fifth of its kind.
He also shared the group’s plan to build the second factory
in Hoa Binh after the first is put into operation in October 2025, hoping that
the group will have access to and use a stable power source and a clean water
system, and contribute to the development of Hoa Binh province in many other
fields.
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.