In 2024, the industrial and handicraft
production value in Lac Thuy District is estimated at VND 2,176.3 billion, an
increase of 17.8% compared to 2023. Key products include 114 million fired
bricks, 2.12 million garment products, 272.7 thousand tons of processed forest
products, and various other goods such as agricultural products, household
items, mechanical products, and printed materials.
Nakata Vietnam Packaging joint Stock Company,
operating in the Phu Thanh II industrial cluster, Lac Thuy district has created jobs
for many local workers.
The district has five industrial clusters
included in the province's industrial and handicraft development plan, with a
total planned area of 282.25 hectares. Among these, four industrial clusters
have been officially established, covering a total area of 215.86 hectares.
Three infrastructure investors have been selected, with two already approved
(Dong Tam Industrial Cluster and Hoa Binh High-Tech Environmental Industrial
Cluster). Procedures are being finalized to establish the Dong Tam II Industrial
Cluster with an area of 66.38 hectares and a total projected investment of VND
626 billion.
The industrial clusters have attracted 19
secondary investors, covering a total project implementation area of 54.28
hectares, with a total registered investment of VND 1,447.57 billion, achieving
an occupancy rate of 39.7%.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.