Luc Yen district has 14 industrial projects licenced

  •  Monday, April 27, 2020

The People’s Committee of northern Yen Bai province has licenced 14 industrial projects with a combined registered capital of 552 billion VND (23.5 million USD) and 11 million USD, in Luc Yen district in the 2016 – 2020 period.

Of the projects, nine have been implemented.

Luc Yen has attracted five investors who are committeed to building factories at Yen The industrial cluster. A total of 45 companies in the district are operating in the fields of mining, construction materials and mechanical engineering, 1.4 times higher than 2015’s figure.

Many local districts have been expanding production and applying advanced technologies to produce high-quality and competitive products, such as R.K Marble Vietnam Co., Ltd; Thanh Son Mining Mineral JSC; Stone Base Vietnam JSC; and Van Khoa Luc Yen Co., Ltd.


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Meat processing at Yen Phuong production facility, Nghia Lo Town.

In 2024, Nghia Lo Town developed seven new products meeting the 3-star OCOP standard and reevaluated seven products after three years of certification.

The project connects transportation in the northern mountainous provinces and links Nghia Lo to the Noi Bai - Lao Cai Expressway.

Yen Bai develops comprehensive transportation infrastructure, prioritizing projects that connect national highways with the Noi Bai - Lao Cai Expressway, regional linkage projects, and those connecting Yen Bai province with localities in the Northern Midlands and Mountainous region. The focus is on key projects and several important regional and inter-regional connecting roads. As of now, the transportation infrastructure system in Yen Bai has achieved significant progress.

Yen Bai currently boasts over 7,440 hectares of tea cultivation, producing more than 69,000 tons annually.

The global Halal market is valued at approximately USD 5 trillion annually, with a strong demand for cinnamon and tea products. This presents significant export opportunities for Yen Bai Province.

Students of Yen Bai Vocational College during an electronics practice session.

In 2024, Yen Bai City achieved vocational training for 2,259 individuals, exceeding the target of 1,790 by 115%. Of this total, 578 people were trained at the college level, achieving 125% of the assigned target of 461.

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