In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises. 


Binh Thanh eco-tourism resort project (Binh Thanh commune, Cao Phong district) accelerates infrastructure construction progress, expected to become an outstanding investment project attracting tourists to Hoa Binh.

In Hoa Binh city, in the last days of 2024, An Viet Hoa Binh joint Stock Company tried to speed up the implementation of the project "Construction and business of the technical infrastructure of Yen Quang Industrial Park. The project has a scale of about 180 hectares, with a total investment of over 1,600 billion VND, being implemented in the direction of developing an industrial park with the technical infrastructure, which is synchronous with the social infrastructure having a centralized wastewater treatment plant with advanced technology, ensuring to attract the secondary investors. By the end of 2024, the project had fully invested in the operating conditions of phase 1 and it was ready to accelerate the implementation of the next phase. Currently, Yen Quang Industrial Park has attracted 3 secondary investors with a total investment of over 200 billion VND.

In 2024, the infrastructure investors of the industrial parks in the province mobilized hundreds of billions of VND to "pour into the infrastructure items with the determination to develop synchronous technical infrastructure to attract the secondary investors. During the year, the industrial parks attracted 8 new projects, bringing the total number of investment projects in the industrial parks to 115. Along with the positive results, the investment attraction of the whole province has also improved. The political system and the related organizations and units have synchronously implemented the investment promotion activities, improving the business environment, associating with the solutions to remove difficulties, and accompanying with the businesses and investors.

The statistics by the end of 2024, in the whole province there were 735 investment projects with a total registered capital of nearly 269,600 billion VND in operation. The attractive destinations have been formed in the province, attracting many investors to learn about and choose to implement projects. In fact, there have been positive signs showing the gradual recovery of business strength, promising to open up many opportunities to attract investment, at the same time, it lights up the confidence in the strong economis development in 2025.With a prime location in Binh Thanh commune, Cao Phong district, Binh Thanh eco-resort project (also known as Shoshin Binh Thanh) is an impressive investment highlight within Hoa Binh lake tourismarea. On a hill area of ​​nearly 13 hectares, the project is designed with a scale of over 200 high-class resort villas, professionally invested, promising to become an ideal resort, creating more attraction for Hoa Binh tourism.

After completing the legal documents, the project started the construction of infrastructure items from April 2024 and has made good progress. Up to now, the project has gradually shown the shape of a modern and synchronous resort, at the same time it shows the determination of the enterprise when investing in exploiting the tourism potential within Hoa Binh lake area

In 2024, the province has shown signs of improvement in attracting investment and developing enterprises. In Hoa Binh city, in the last days of 2024, An Viet Hoa Binh joint Stock Company tried to speed up the implementation of the project "Construction and business of the technical infrastructure of Yen Quang Industrial Park. The project has a scale of about 180 hectares, with a total investment of over 1,600 billion VND, being implemented in the direction of developing an industrial park with the technical infrastructure, which is synchronous with the social infrastructure having a centralized wastewater treatment plant with advanced technology, ensuring to attract the secondary investors. By the end of 2024, the project had fully invested in the operating conditions of phase 1 and it was ready to accelerate the implementation of the next phase. Currently, Yen Quang Industrial Park has attracted 3 secondary investors with a total investment of over 200 billion VND.

In 2024, the infrastructure investors of the industrial parks in the province mobilized hundreds of billions of VND to "pour into the infrastructure items with the determination to develop synchronous technical infrastructure to attract the secondary investors. During the year, the industrial parks attracted 8 new projects, bringing the total number of investment projects in the industrial parks to 115. Along with the positive results, the investment attraction of the whole province has also improved. The political system and the related organizations and units have synchronously implemented the investment promotion activities, improving the business environment, associating with the solutions to remove difficulties, and accompanying with the businesses and investors.

According to Mr Quach Tat Liem, the Vice Chairman of the People's Committee of Hoa Binh Province: In the coming time, the province will continue to promote the implementation of the provincial planning approved by the Prime Minister, construction, and land planning to serve as a basis for attracting investment. On that basis, branches at all levels continue to do a good job in planning and planning management to create conditions for site clearance, especially allocating resources to connect agricultural zones, industrial parks, and expressways.

The statistics by the end of 2024, in the whole province there were 735 investment projects with a total registered capital of nearly 269,600 billion VND in operation. The attractive destinations have been formed in the province, attracting many investors to learn about and choose to implement projects. In fact, there have been positive signs showing the gradual recovery of business strength, promising to open up many opportunities to attract investment, at the same time, it lights up the confidence in the strong economis development in 2025.

Related Topics


Hoa Binh’s economy expands 12.67% in Q1

Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.

Lac Thuy district advances agriculture in tandem with new-style countryside development

With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.

“A 4.0-Era Farmer Championing Green Agriculture”

In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.

Rich and Flavorful Honey of Dao Village

Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.

Lac Thuy district prioritises resources for industrial, handicraft development

In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.

Phu Thanh implements organic practices in tea production

Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.