(HBO) – Lac Thuy district has taken various measures to boost State budget revenue over the last 10 months.
Lac Thuy Garment JSC is among the district’s best performers in fulfilling tax obligations.
The Tax Department of the Kim Boi – Lac Thuy area has instructed local State budget spenders to make budget estimates and strengthened the financial inspection and management as well as evaluation of the implementation of tax and financial regimes.
Thanks to such efforts, the district’s total State budget revenue in the first 10 months reached nearly 112 billion VND, fulfilling about 97 percent of the plan set by the provincial People's Committee, and 70 percent higher than the same period last year.
Its budget collection totalled 407 million VND during the period, equivalent to 79 percent of the target set by the provincial People's Committee, while it spending was 404 billion VND, or 78.5 percent of the estimate. Part of the budget has been allocated to the district’s COVID-19 response efforts.
In the coming time, the district will accelerate communication campaigns and take solutions to prevent revenue loss, striving to complete the provincial budget goal this year./.
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.
