(HBO) - Industrial parks (IPs) in northern Hoa Binh province are accommodating 95 investment projects, including 24 foreign direct investment (FDI) projects with a combined registered capital of 499.85 million USD and 71 domestic projects worth about 7.27 trillion VND (314.43 million USD).
Luong Son Industrial
Park-based Vietnam Fragrances Ltd. Co., specialising in producing toothpicks for
export to the Indian market, creates jobs for over 100 local workers.
In the first half of 2020, the impact of COVID-19 has dealt
a blow to investment attraction in Hoa Binh. As a result, there were only two
new projects licensed in the province’s IPs in the period, hitting 25 percent
of the plan.
Businesses have overcome challenges to stabilise production,
raking in 7.96 trillion VND in the first half of 2020, a year-on-year surge of
21.75 percent and reaching 53.07 percent of the yearly plan.
The firms earned 330 million USD in the reviewed period, up
31 percent compared to the same period last year and equivalent to 56.9 percent
of the plan.
State budget collection saw a decrease of 15.8 percent to 88
billion VND in the first half, hitting 44 percent of the yearly plan.
At present, 55 projects have been put into operation and
generated stable jobs for nearly 20,000 local labourers./.
During the two days of November 14th – 15th, at the Provincial Cultural Palace, the Department of Industry and Trade organized a conference to connect the product consumption of the ethnic minorities and the mountainous areas in 2024. There was the attendance of the representatives of leaders of a number of departments, branches, businesses, manufacturers and distributors inside and outside the province.
The One Commune One Product (OCOP) programme is reshaping the rural economy of Lac Son district, helping improve living standards, particularly among the ethnic minority communities in remote areas of Lac Son district.
The Van Mai dam xanh (Bangana lemassoni) fish has long been famous for its unique and delicious flavour, earning a spot on the menus of many restaurants and attracting food connoisseurs. In recent years, residents in Van Mai commune, Mai Chau district, have expanded their fish farming areas and striven to build a strong reputation for their product. They are also working to establish it as an OCOP (One Commune, One Product) item to increase their income.
Outstanding rural industrial products of Hoa Binh province in 2024 were recently honoured and granted certificates, becoming a source of pride for producers and also a boost for local economic development. The honourees are all deeply imbued with the local cultural identity and boast considerable commercial potential, helping popularise the image of Hoa Binh to domestic and international consumers. This is also a solid stepping stone for rural industrial establishments to develop.
In the first 10 months of 2024, Hoa Binh city made significant progress in job creation and labour exports, sending 112 workers abroad through partnerships with authorised recruitment firms.
An award ceremony to announce the official certification for Mai Chau district’s Bangana lemassoni fish, a specialty of the locality because of its unique flavour, was held recently in the district.
