(HBO) - With the outstanding advantages of geographical conditions, cultural natural resources, Lac Thuy district is planned as the economic force area of the province. Many investors have been interested in research and implementation of large scale projects. Taking this opportunity, Lac Thuy district has coordinated with functional departments to remove difficulties and obstacles for investors to implement projects and ensure the planned progress.
The whole district has 45 investment projects
with the registered capital of approximately VND 13,930 billion. The District
People's Committee regularly grasps and removes difficulties to support
investors to implement the projects. Large-scale investment projects in the
area are in the process of infrastructure construction, procedures for land
acquisition, site clearance, basically ensuring the planned progress.
The project of Xuan Thien lime and light
industry plant was implemented by Xuan Thien Hoa Binh Limited Company in Yen
Bong commune, with an investment of over 8,000 billion VND, the total area of
the project is 162 hectares.

Hoa Binh Hi-tech Environment joint Stock
Company put the project of waste treatment plant in Dong Tam commune (Lac Thuy)
in operation.
Huong Binh cable car project in Phu Lao
commune of Thai Binh Duong Group Company has the total investment of 676
billion VND, total length of 2.8 km, and total land area of 21.88 hectares, of
which 13.22 hectares belong to the province’s area. In addition, the People's
Committee of Lac Thuy concentrated to support enterprises and investors to
accelerate the progress of some key projects such as the project of the
spiritual resort of Phu Lao commune of Pacific Hoa Binh One –Member Limited
Company, with the investment of VND 3,123 billion; the investment project for
the construction of a high – level complex of cultural, recreational and
entertainment areas in association with aquaculture in Dong Tam commune of TH
Tourist joint Stock Company with the investment capital of VND 600 billion; the
project of waste treatment plant in Dong Tam Commune has been put into
operation, etc.
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.