With a rise in number and improvement in production and business efficiency, companies, cooperatives, and business households in Lac Son commune have made important contributions to the transformation of economic structure and economic growth of the locality, creating jobs, joining hands in dealing with social issues, and helping increase State budget collection of the district.
Lac Son Electronics Co., Ltd. in Muong Voi street, Vu Ban town
of Lac Son has created jobs with stable income for 800 labourers.
Specialising in processing plastic products, Lac Son Electronics Co., Ltd with
two factories in Moi village of Van Nghia commune and Muong Voi street of Vu
Ban town has created jobs for more than 1,200 labourers, mostly locals.
Director Ha Thi Minh said that her company has received great support from the
local administration. The company has shown strong performance in implementing
its obligations to the State and labourers as well as in social welfare
activities, thus winning strong confidence from workers.
Nhung Van company, specialising in producing turmeric starch, was developed
from a business household. Bui Van Nhung, owner of the facility, said that
recognising the potential of the product and receiving good feedback from
customers, the firm has researched for more products and enhanced the quality
of its products to meet customers’ demands. The firm’s products have been
certified as four-star by the One Commune-One Product (OCOP) programme.
The company’s material region has been expanded, enabling local farmers to earn
60-75,000 million VND (2,421-3,026 USD) per hectare, said Nhung.
Statistics show that currently, Lac Son is home to 139 operating enterprises,
including 46 in the field of construction, 38 in trade, 11 in service, 30 in
manufacturing, seven in agriculture, and six in transport. The firm have
created jobs for more than 5,000 labourers.
Outstanding businesses include Lac Son Toys Co. Ltd., which is employing more
than 1,600 labourers, Thien Dieu Co. Ltd. with 800, and Lac Son Electronics
Co., Ltd. with 800.
Meanwhile, the district has 60 cooperatives with nearly 730 members, creating
jobs for 840 labourers, along with more than 5,700 business households. They
have paid about 4 billion VND (161,322 USD) to the State budget.
Bui Van Linh, Chairman of the People’s Committee of Lac Son, said that local
companies, cooperatives, and business households have made great contributions
to socio-economic development in the district, while actively engaging in
social welfare activities.
Last years, they paid 41.7 billion VND to the State budget, accounting for
40.8% of the district’s total collection. They have also helped improve the per
capita income of the district, which has reached 60.3 million VND per year.
Linh affirmed that the district will continue creating favourable conditions
for local companies, cooperatives, and business households to develop, while
designing support policies for them and assisting them in deal with
difficulties, and speeding up administrative reform.
Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh chaired the regular October meeting of the provincial People's Committee to review 2024 socio-economic performance.
Taking advantage of favourable weather conditions, constructor is speeding up the construction of technical infrastructure at Tien Tien industrial cluster in Quang Tien commune of Hoa Binh city. So far, the construction of important infrastructure works in the industrial cluster such as the operation office, wastewater treatment plant, power supply system, clean water supply system, fire prevention and fighting system, rainwater drainage system, and internal traffic roads has been completed.
Numerous credit solutions have been implemented by local banks in Hoa Binh province to support individuals and businesses affected by Typhoon Yagi. These measures include debt rescheduling, providing in-depth financial advice, and offering interest rate reductions based on the extent of damages.
Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.
In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.
Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.
