Provincial leaders and Yen Binh district leaders visited the production line in Bao Lai White Stone One Member Company Limited

To solve the problem of economic growth, solve local jobs for rural workers, increase income for workers, over the past time, Yen Binh district has focused on exploiting the advantages of enhanced geographic location to attract investment in strongly developing industry and small industry production.

With the goal of taking industry and small industry production as a foundation, tourism development as the key, the district has focused on attracting investment in areas such as manufacturing and assembly industry; investing in deep processing of minerals; production of building materials; processing agricultural, forestry and food products; aquaculture projects; especially investing in resort projects, system of hotels, restaurants serving tourists ...

Mr. Nguyen Van Trong - Chairman of the District People's Committee said: "The district has actively coordinated to organize conferences, investment promotion activities; build open and fair investment and business environment; improve the district competitiveness index, besides, the district also creates favorable conditions for investors to explore and seek investment opportunities; actively coordinate, support investors in site clearance to implement projects; dialogue, support and accompany businesses, investors to promptly remove difficulties and obstacles when implementing projects in the area".

In the 2015-2020 period, the district had 61 projects granted investment certificates or investment approvals by the province with a total registered capital of over VND 17,000 billion and USD 11.14 million invested in the district (33 projects have completed investment). In which, a number of big projects have strong impacts on the economic development of the district such as: White limestone production and processing project of Bao Lai White Stone One Member Company Limited with a total investment of 1,400 billion; Kim Gia Wood Processing Factory project with a total investment of VND 98 billion; Investment project to build eco-tourism, sport, entertainment and tourist resort area with Thac Ba lake with total investment of 285 billion dong; and many other important projects.

Thanks to the promotion of investment attraction, comprehensive development of agricultural and forestry production, industry and small-scale industry, the economy of Yen Binh district has developed quite comprehensively and positively shifted towards reducing the proportion of agriculture, forestry and fishery to 24.3%, down 7.4% compared to 2015; quickly increasing the proportion of industry - construction and trade - services. The growth rate of industrial production value reaches 18.5%/year.

The value of industrial production in 5 years (period 2016 - 2020) reached 14,583 billion VND, 2 times higher than the period of 2010-2015; Particularly in 2020, it is estimated at VND 4,650 billion, an increase of 285.6% compared to 2015, which helps creating jobs, increasing incomes for rural workers, people's material and spiritual life is increasingly improved. , the rate of poor households dropped sharply. The average income per capita of the district in 2020 is estimated at VND 36 million/year.