Investment attraction: A bright spot in Son La's economic landscape

A highlight of Son La province’s economic landscape in 2025 are its achievements in attracting investment. During the year, the province approved 39 new investment project proposals with a total registered capital of over 22.1 trillion VND (839.3 million USD), marking a 12.7-fold increase compared to 2024. These projects have become a key driver of growth, significantly contributing to the restructuring of the provincial economy.

At the conference awarding the decision approving the investment policy and the investor approvals for the Dream Plastic Mai Son Factory project, owned by Dream Plastic Co., Ltd.

In 2025, amid an economic context still fraught with potential difficulties and challenges, Son La province investment identified attraction as one of the key pillars for sustaining growth momentum. The province directed departments, agencies, and localities to synchronously implement solutions to improve the investment and business environment. In addition to the 39 newly approved investment project proposals, the province also appraised and submitted for approval adjustments to 21 existing projects, with an additional capital increase of more than 1.03 trillion VND. These projects focus on sectors in which the province holds advantages, such as agro-processing, industrial manufacturing, footwear, and trade-services, ensuring alignment with planning, considerations of implementation, and socio-economic efficiency.

According to Hoang Van Van, Director of the Department of Finance, in 2025 the province placed strong emphasis on reviewing, adjusting, and supplementing planning schemes, strengthening coordination in handling administrative procedures, and promptly removing obstacles for enterprises. Investment, land, construction, and environmental procedures were reviewed and prepared. Through meetings aimed at resolving difficulties, many business proposals were received and addressed, clearly demonstrating the provincial government’s companionship and support for enterprises.

Workers at the banana processing plant of Musa Green Joint Stock Company in Muong Bu commune.

The effectiveness of investment attraction in 2025 is reflected not only in the number of approved projects, but also in the actual production and business performance of many projects. In Muong Bu commune, the banana processing plant of Musa Green Joint Stock Company began operations in the fourth quarter of 2025, forming value-chain linkages with local raw material areas. The plant creates jobs for 30-40 workers, with an average income of 6 million VND per person per month. Nguyen Van Tien, Director of the company, shared that during the project implementation process, the enterprise received strong support from provincial authorities in completing investment procedures and connecting raw material zones, enabling the company to operate.

At the Mai Son Industrial Park, the cassava starch processing plant of BHL Son La Food Raw Materials Processing Joint Stock Company has been completed and put into operation, with a capacity of 300 tonnes per day. The project has helped enhance the value of cassava, expand domestic and international markets, and create stable livelihoods for farmers.

The shoe factory of Yen Chau Shoe Joint Stock Company in Yen Chau commune provides employment for local workers.

In labor-intensive sectors, the shoe factory of Yen Chau Shoes Joint Stock Company in Yen Chau commune has demonstrated the effectiveness of investment attraction associated with job creation. With a capacity of nearly one million products per year, the factory employs hundreds of local workers. Lo Thi Kim Khanh, head of the sewing team, said that workers' initial average income reaches 5-7 million VND per month, with full insurance coverage and benefits provided.

In addition to projects already in operation, the province has granted investment policy and investor approvals for the Dream Plastic Mai Son Factory project of Dream Plastic Co., Ltd. (an FDI project), with a total investment of approximately 181 billion VND. The project aims to manufacture and process children's toys and plastic products, with a designed capacity of 20 million products per year, and is scheduled to commence operations in March 2026.

The province has also approved the Son La Cascara Instant Coffee Factory project of Son La Cascara Coffee Joint Stock Company, with a total investment of approximately 103 billion VND. According to its design, the factory will annually produce around 200 tonnes of Cascara tea, 500 tonnes of roasted and ground Cascara coffee, 3,000 tonnes of Cascara (dried coffee husks), and 300 tonnes of roasted and ground coffee.

The breakthrough in investment attraction in 2025 has confirmed Son La province’s position and innovative mindset. Newly approved projects and those already demonstrating effectiveness have helped expand development space and establish a solid foundation for Son La to attract further capital and promote sustainable economic growth in the years ahead.

Comment

You have 500/500 characters left

Please enter 5 or more characters!!!

Recent news

  • 'Construction of inter-level boarding schools in border communes accelarated

    Construction of inter-level boarding schools in border communes accelarated

    NEWS - POLITICS -
    Nguyen Minh Tien, Vice Chairman of the provincial People’s Committee, on March 5 chaired a meeting on the investment and construction progress of primary-secondary boarding schools in border communes. The meeting was connected online with the seven border communes of Muong Leo, Muong Lan, Sop Cop, Muong Hung, Chieng Khoong, Chieng Khuong, and Phieng Pan.
  • 'Joyful military enlistment ceremony held in Song Ma border area

    Joyful military enlistment ceremony held in Song Ma border area

    NEWS - POLITICS -
    The Area 2 – Song Ma Defence Command held the 2026 military enlistment and handover ceremony at February 3 Square in Song Ma commune on March 6. Attending the event were Major General To Quang Hanh, Deputy Chief of Staff of Military Region 2, and Cha A Cua, Deputy Secretary of the provincial Party Committee and President of the provincial Vietnam Fatherland Front Committee.
  • '140 young people from Yen Chau set off for military service

    140 young people from Yen Chau set off for military service

    NEWS - POLITICS -
    Amid the festive atmosphere of the 2026 enlistment day across Son La province, a military handover and enlistment ceremony was held at military handover and enlistment point No. 2 in Yen Chau commune on March 6. Nguyen Dinh Viet, Deputy Secretary of the provincial Party Committee, Chairman of the provincial People’s Committee and head of the provincial Military Service Council, attended the event, and encouraged the new recruits as they set off for military service.
  • 'Chieng Hac women preserve ethnic cultural identity

    Chieng Hac women preserve ethnic cultural identity

    CULTURE -
    In response to International Women’s Day (March 8) and in celebration of the upcoming election of deputies to the 16th National Assembly and People’s Councils at all levels for the 2026–2031 term, on March 6 the Women’s Union of Chieng Hac commune organised the Ethnic Women’s Festival, themed “Confidence – Health – Preserving Ethnic Cultural Identity.”
  • 'Enhancing role, standing of ethnic minority women

    Enhancing role, standing of ethnic minority women

    SOCIETY -
    Women’s Union chapters in Van Ho have rolled out a range of measures to enhance the role and standing of ethnic minority women in their families and in society. The initiatives aim to shift members’ perceptions, thinking and actions while supporting them in taking charge of their household finances and improving their livelihoods.
  • 'Sop Cop commune accelerates irrigation for early spring rice planting

    Sop Cop commune accelerates irrigation for early spring rice planting

    SOCIETY -
    After the Lunar New Year holiday, farmers in Sop Cop commune have returned to their fields, resuming farm work with renewed optimism. Across the paddies, activity has picked up as residents repair irrigation systems, channel water into their plots and clear weeds, hoping for favourable weather and a bumper harvest this year.
  • 'Son La women join hands to protect environment

    Son La women join hands to protect environment

    SOCIETY -
    Today, across local communities, it is easy to see vibrant flower-lined roads, well-maintained self-managed streets, houses labeled “Clean House – Beautiful Garden,” and “Recyclable Waste Collection” models. These visible changes come from the environmental protection movement of Women’s Union members, which has helped transform the rural landscape.
  • 'Son La supports workers to seek employment abroad

    Son La supports workers to seek employment abroad

    SOCIETY -
    In recent years, the policy of sending local workers overseas for contract-based employment has received close attention and direction from the provincial Party Committee, People’s Council, and People’s Committee. Authorities at all levels and sectors have coordinated closely to implement overseas labor programmes effectively.
  • 'Van Son ward develops agriculture linked with product processing and sale

    Van Son ward develops agriculture linked with product processing and sale

    BUSINESS -
    Leveraging its favorable climate and soil conditions, Van Son ward has focused on restructuring its economy by encouraging and supporting enterprises, cooperatives, and farming households to integrate agricultural production with processing and experiential tourism. This approach is opening up a sustainable development path and increasing local incomes.
  • 'Incense Offering Festival 2026 at Hai Ba Trung Temple held

    Incense Offering Festival 2026 at Hai Ba Trung Temple held

    CULTURE -
    The Incense Offering Festival 2026 at the Hai Ba Trung Temple was held on February 28, or the 12th day of the first lunar month, in Thong Nhat hamlet, Chieng Khuong commune. Attending the event were leaders of several provincial departments and agencies, Hanoi’s Me Linh and Lien Minh communes, and several communes in Son La province, along with a large number of local residents and visitors.