Hoa Binh Province Industrial Parks Attract Investment

Hoa Binh Province Industrial Parks Attract Investment

Hoa Binh is a mountainous province with a natural area of 4,662.53 km², accounting for 1.41% of Vietnam’s total natural area. Located in the Northwest of Vietnam, the province borders Hanoi, serving as a gateway connecting the Red River Delta, North Central, and Northwest regions.

Geographic Location

Hoa Binh is an intermediary region between the Red River Delta and the mountainous Northwest, connected through National Highway 6 (land route) and the Da River (waterway). Its location is strategically significant in the Northern region of Vietnam. Hoa Binh serves as the gateway to Hanoi, the Northwest, and the old North Central regions while connecting with the Upper Laos region (30 km from the Vietnam-Laos border). This gives Hoa Binh great potential and advantages for socio-economic development.

Neighboring Provinces:

North: Phu Tho Province
East: Ha Nam Province, Ninh Binh Province, and Hanoi
West: Son La Province
South: Thanh Hoa Province

Administrative Units

Hoa Binh comprises 10 administrative units, including one city (Hoa Binh City) and nine districts: Cao Phong, Da Bac, Kim Boi, Lac Son, Lac Thuy, Luong Son, Mai Chau, Tan Lac, and Yen Thuy. The province has 151 commune-level administrative units, including 12 wards, 10 townships, and 129 communes.

Population

As of April 1, 2019, Hoa Binh had a population of 854,131. Among them, 35,836 people followed one of seven religions, predominantly Catholicism (27,660 people) and Buddhism (2,120 people). The province is notable as the cultural hub for the Muong ethnic group, with the Muong people predominantly residing here.

Healthcare

Hoa Binh Province has four hospitals, including Hoa Binh General Hospital, Hoa Binh Traditional Medicine Hospital, Hoa Binh Endocrinology Hospital, and Hoa Binh City General Hospital, along with 11 healthcare centers.

Education

Hoa Binh prioritizes vocational training and skill development to support local industries and enhance job opportunities.

The province has 39 vocational education institutions, including five colleges and three intermediate schools.
Annually, over 14,000 individuals receive vocational training. By 2020, the rate of trained workers in the province reached 56%, with 22.64% holding certificates or diplomas.

The province offers training in 14 national-level key vocations, such as automotive technology, industrial electricity, tourism guidance, and traditional musical instrument performance. In 2020, the province ranked 30th among 63 provinces and cities in vocational training effectiveness, with a majority of enterprises satisfied with local labor quality.

Infrastructure and Socio-Economic Development

Hoa Binh has leveraged its strategic location to build a robust transportation infrastructure, facilitating goods circulation and industrial development. The province promotes economic development with a focus on industrial parks, tourism, and agriculture.

Hoa Binh Province Industrial Parks

Hoa Binh Industrial Park covers 203.2 ha in Ky Son District, focusing on industries such as electronics, mechanical engineering, and food processing. Additionally, Luong Son Industrial Park and other smaller parks provide facilities for manufacturing and high-tech industries.

Investment Policy

Hoa Binh actively calls for investment in key areas, offering incentives and streamlined administrative procedures. The province focuses on environmentally friendly projects that create sustainable growth and job opportunities for local communities.