HBO – By July 15, 2017, industrial parks in Hoa Binh province had attracted 69 projects, including 20 foreign direct investment (FDI) projects with a total registered capital of 421.59 million USD and 49 domestic ones worth 8.23 trillion VND (around 362.6 million USD). Among them, 43 have been put into operation.
In July, these enterprises earned
total revenue of 1.05 trillion VND (46.3 million USD), bringing the total
figure in the first seven months of 2017 to over 7.11 trillion VND (313.5
million USD), equivalent to 59.2 percent of the annual target.
Meanwhile, their total export
turnover was valued at 43 million USD in July and 282.78 million USD during the
January-July period, or 61.74 percent of the annual target.
The enterprises also contributed 15
billion VND to the State budget in the month. The total figure in the
January-July period was 103.5 billion VND, equivalent to 54.8 percent of the
set target.

Japanese wholly-invested Bandai
company generates jobs for hundreds of local workers.
At present, as many as 15,400 labourers
are working in the industrial zones. Enterprises in the industrial zones,
especially FDI firms, have been developing stably, contributing remarkably the
province’s export value and State budget, and generating jobs for local workers./.
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.