Hoa Binh province currently has 165 investment projects in the fields of tourism, trade and services with a total registered capital of about 27,000 billion VND. In which, 60 investment projects are in tourism. Typical examples such as: Vien Nam ecological and entertainment urban area project (Hoa Binh city); Ecological urban area, high-end entertainment and Cuoi Ha cable car system (Kim Boi district); Garden villas, afforestation combined with eco-tourism in Mong Hoa commune (Hoa Binh city)...
Infrastructure of Hoa Binh Lake tourist area has been invested and upgraded.
From public investment capital for the period 2021 - 2025, Hoa Binh province has allocated 352.6 billion VND for tourism infrastructure projects. Many important projects are arranged with public investment capital; 2 projects using ODA capital.
The work of attracting investment in the tourism sector is paid attention and promoted to realize the goal of building Hoa Binh into a major tourism center in the Northern midlands and mountainous regions, an attractive destination for tourists in the region, domestic and foreigners, contributing to the socio-economic development of the province.
Spanning thousands of hectares and winding gracefully along mountain slopes, hillsides, and riverbanks, the terraced rice fields of Lac Son District present a stunning and captivating beauty. This region, renowned for its remarkable terraced landscapes, is also the centre of Hoa Binh Culture known for numerous archaeological sites.
The life of Mong people in Hang Kia and Pa Co communes of Mai Chau district has improved much thanks to tourism development.
The man-made Hoa Binh Lake, with a water surface area of approximately 9,000 hectares and a capacity of 9.45 billion cubic meters, stretches over 200 kilometers from Hoa Binh to Son La provinces. With the goal of developing into a national tourism area, the Hoa Binh Lake tourism area is expected to not only become the largest tourism centre in the province but also one of the 12 key tourist destinations in the northern midland and mountainous region of Vietnam.
Da Bia hamlet, now Duc Phong, in Tien Phong commune, Da Bac district, was once almost isolated from the outside as the only way to the hamlet was to get a boat ride across the Hoa Binh reservoir. However, as its tourism potential has been unleashed, the hamlet has established itself as one of the most attractive destinations on the tourism map. It has even received the ASEAN Community-Based Tourism Awards in 2019.
In the first 9 months of 2024, Mai Chau district, Hoa Binh province welcomed over 684 thousand visitors to visit and relax. In which, over 516 thousand domestic visitors and more than 168 thousand international visitors. Total revenue from tourism is estimated at over 821 billion VND.
Da Bac district, bestowed with stunning landscapes, is developing ecological and resort tourism offerings. Several tourist sites, put into operation this year, has attracted throngs of high-spending and young domestic visitors.