(HBO) - Luong Son district in Hoa Binh province has taken numerous measures to improve the business environment and support enterprises and investors.
Transon Vietnam Limited Company at Luong Son Industrial
Zone generates jobs for local labourers.
Over the past five years (2015-2020), the
district has seen 450 new enterprises and 52 new co-operatives, and 1,128
business households formed or registering to change their business. It has also
finished the shifting and consolidated operations of agricultural co-operatives
following the 2012 Cooperative Law.
To date, Luong Son has had 916 businesses
and co-operatives and 2,924 business households, doubling from those in 2015.
The district has so far attracted 182
investment projects, accounting for 32.1 percent of the province’s total
number. Of the total, there are 23 FDI projects (60.5 percent of the province’s
total), and 159 domestic ones, with combined capital of 298.9 million USD and
13.8 trillion VND, respectively.
Production and business projects have
contributed to the district’s sustainable economic structure shifting./.
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.
