An Viet Hoa Binh JSC, the infrastructure investor of Yen Quang Industrial Park (IP), has held a ceremony to present investment registration licenses to four enterprises. The event was attended by Vice Chairman of the Hoa Binh provincial People’s Committee Quach Tat Liem, along with leaders from various departments, agencies, and local units.
Leaders of the Industrial Park Authority ofHoa
Binh presents investment registration certificates to four companies investing
in Yen Quang Industrial Park.
An Viet Hoa Binh JSC is developing the Yen Quang
IP infrastructure project, covering 180.62 ha with an investment of over 1.6
trillion VND (63.3 million USD). The IP is expected to become an attractive and
trustworthy destination for secondary investors, thereby contributing to the
local budget, creating over 8,000 jobs, and supporting economic restructuring
in the province.
In 2024, the company invested resources in
developing environmentally sustainable infrastructure, including a concentrated
wastewater treatment facility using advaced technology. To date, four secondary
investors have been granted investment registration certificates, and eight
others have signed memoranda of understanding for land leasing.
Speaking at the ceremony, Vice Chairman Quach
Tat Liem recognised that Yen Quang IP possesses many important advantages to
attract investment, harness high-value logistics supply chains, and develop
into a key industrial park.
The park's competitive edges will continue to
grow as Hoa Lac - Hoa Binh Expressway is further expanded. Along with these
opportunities, there are challenges for both the park investor and secondary
investors in Yen Quang IP, he added.
He urged the infrastructure investor of Yen
Quang IP to continue focusing on human resources, materials, and finances to
accelerate the progress of infrastructure development in the next investment
phase, in line with sustainable development goals.
The Vice Chairman pledged cooperation with
businesses. He also requested relevant agencies, units, and localities to
continue their attention, coordination, and support in addressing any obstacles
to ensure the smooth and effective implementation of the Yen Quang IP
project.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
