(HBO) – Lac Son district has become a spot in investment attraction, as more investors both inside and outside Hoa Binh province have come to the locality.
Sankor Vietnam that specialises in
electronic component manufacturing in Xuat Hoa commune, Lac Son district, has
created jobs for about 500 labourers.
Lac Son now counts 25 licensed projects with total investment capital of
596.7 billion VND. Of the projects, 14 have been operational, and five are
under construction.
Apart from investment attraction solutions, the district has created optimal
conditions for businesses to complete negotiations on land hand-over with
households in project areas.
Besides, six companies and investors have planned to invest in Lac Son,
including SunGroup with an eco-tourism project in Doi Thung, Quy Hoa commune.
The district has given instructions on land hand-over, the grant of land-use
right certificates, compensation work and site clearance to ensure progress of
the projects.
According to Nguyen Ngoc Diep, Secretary of the district Party Committee, Lac
Son has issued a resolution on investment attraction and infrastructure
development in combination with tapping local potential and strength to serve
socio-economic development.
Focus will be paid to projects whose funding comes from organisations and
individuals, as well as key projects, he said.
Lac Son will facilitate the implementation of ongoing projects in order to soon
put them into operation./.
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.
