(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./.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
