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.
In the first half of 2024, Hoa Binh province granted new business registrations for 210 enterprises with a total registered capital of more than 4.75 trillion VND (187.5 million USD), an increase of 12% year on year, the provincial Department of Planning and Investment has reported.
The working class in Vietnam in general and Hoa Binh province in particular, has made significant strides in terms of quality and making practical contributions to the country's industrialisation and modernisation process. Establishing a well-organised working class that has professional skills, firm political mettle, capable of leading the innovation process, and actively integrating into global trends of globalisation, is the responsibility of the entire Party and political system. However, there are numerous challenges that hinder the robust development of the working class.
Accessing preferential loans from the Vietnam Bank for Social Policies (VBSP), many households in Tan Lac district have escaped poverty and many students progressed on their quest for knowledge.
The companionship of the preferential loans from the Bank for Social Policies (VBSP) has helped many households in Tan Lac district escape poverty sustainably. Along with that, the policy capital has accompanied with many students in their journey to seek knowledge until they achieve the "sweet fruits”.
In the 2023-2024 winter-spring crop, despite unfavourable weather conditions and negative impacts of market, Hoa Binh has basically achieved targets and even exceeded the yearly plan due to the fact that production direction and preparation of production material was carried out early.
Implementing the criteria on the form of production organization in the program for building New Rural Areas, the Party committees and the provincial authorities at all levels have strengthened the direction and implementation of land consolidation and land exchange.
