Hoa Binh city: industrial production value estimated to exceed 3 trillion VND

1/5/2018 - 2:19:03 PM

(HBO) – In 2017, Hoa Binh city paid attention to developing industries which had advantages in materials and market. It also created optimal conditions to draw more investment in the locality, especially in industrial parks on the left bank of Da River.

The 3/2 garment export firm (Hoa Binh city) has generated stable jobs for hundreds of labours over the years.

Accordingly, industry and small industry - handicraft of the city witnessed good growth. The city is currently home to 80 industrial firms, a decrease of 3 firms against 2016, with 6,408 labours.

Of the total number, there were 4,974 people working in foreign-invested enterprises, or 77.6 percent of labourers in the sector. Meanwhile, 1,228 household businesses in small industry - handicraft employed 2,326 workers.

The industrial production value of the city is estimated to hit 3.090 trillion VND (136.39 million USD) in 2017, up 14.99 percent year-on-year and 5.8 percent compared to the yearly plan.

Of the figure, enterprises in the locality accounted for 2.51 trillion VND, a 14.6 percent increase against 2016 while household businesses contributed 580 billion VND, up 16.9 percent year-on-year./.

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Currently, Luong Son district counts 905 business establishments operating in industry and handicraft, helping generate jobs and stable incomes for local labourers.

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