Following the targets set in the resolution of the district People's Council, the People's Committee of Lac Thuy district has directed the steering board for preventing state budget loss as well as agencies, and commune and town administrations to roll out measures to increase revenue and prevent budget loss since the beginning of this year. The district has proactively arranged funds for regular expenditures, prioritising important tasks and resources for social security policies.
During the January –
September period, its collection for the State budget was estimated at 145.7
billion VND (nearly 5.9 million USD), accounting for 90.94% of the estimate of
the provincial People's Committee and 63.3% of the target set in the resolution
of the district People's Council. The total budget revenue of the district was
estimated at 524.9 billion VND, or 90.29% of the estimate of the provincial
People's Committee and 81.33% of the target set in the resolution of the
district People's Council. Its total budget expenditure in the first nine
months reached 515.8 billion VND, representing 88.73% and 79.93%, respectively.
In the last quarter of this
year, the district will step up coordination between tax and finance agencies
and People's Committees of communes and towns in the management of state budget
collection. Communication work on tax policies and laws will be enhanced along
with inspecting tax declarations of organisations and individuals in line with
the provisions of tax regulations.
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.
