(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.
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.
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.
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.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
