(HBO) - In 2022, Lac Thuy district’s total State budget revenue reached 287.5 trillion VND (12.2 billion USD), surpassing the estimate assigned by the provincial People's Committee by 70.9%, meeting the target set in the resolution by the district People's Council and up 66.19% from a year earlier.
Of the total, collection from land use fees hit 171.8 trillion
VND while that of other taxes and fees 115.7 trillion VND.
Photo:Ha Linh Trading Investment
and Import-Export joint Stock Company at Phu Thanh II Industrial Cluster in Lac
Thuy district fulfills its tax obligations.
The total local budget revenue stood at 793.9 trillion VND, exceeding the
estimate assigned by the provincial People’s Committee by 40% and rising 23.5%
year on year. Its local budget spending reached 758.3 trillion VND, surpassing
the estimate by 33.7% and up 18.3% compared to the same period last year.
In 2023, Lac Thuy district will focus on fulfilling the State budget collection
task to ensure progress, meet and exceed the assigned plans. The district will
enhance budget management, ensuring that it is used effectively./.
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.