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.
The Nakata Vietnam Packaging joint Stock Company in Phu Thanh II Industrial Park (Lac Thuy) creates jobs and stable income for many local workers.
The industrial and handicraft sectors continue to serve as pillars of the district’s socio-economic development. These sectors have contributed significantly to agricultural and rural transformation, job creation, economic growth, and structural shift. Local businesses are increasingly investing in technological innovation and brand building to enhance competitiveness and expand export capacity.
In 2024, the district’s industrial and handicraft production was valued at 3.98 trillion VND (about 154.1 million USD), marking a 123.3% increase compared to 2021. This sector now accounts for 38.4% of the district’s economic structure, with an impressive annual growth rate of 19.75%.
Since 2021, Lac Thuy has attracted 10 investment projects with a total capital of 2.4 trillion VND. One project has already become operational, while the others are in the process of completing investment procedures. The district is home to five industrial clusters (ICs), spanning a total area of 282.25 hectares. These clusters have welcomed 19 investors, achieving an occupancy rate of 40.34%. Over 1 trillion VND has been invested in IC infrastructure development.
Industrial production in the district has seen participation from various economic sectors, leading to a shift toward goods aligned with local strengths. Many enterprises, cooperatives, and production facilities have adopted technological advancements through district-supported programmes, scientific research, and annual funding. These efforts have helped improve product quality and design, making them more competitive in the market.
With a vision of making industry a core driver of high, sustainable, and effective economic growth, and a catalyst for the development of other sectors, Lac Thuy plans to increase budget allocations for site clearance, urban planning, investment attraction, and trade promotion for industrial clusters. Investors are also encouraged to pre-finance land clearance in return for land lease incentives.
To foster a transparent and investor-friendly environment, the district regularly updates its e-portal with information on local potential, opportunities, investment procedures, and legal documents. It supports enterprises in organising investment promotion activities and maintains regular dialogues between local authorities and the business community. Efforts are also underway to strengthen e-government services, streamline administrative procedures, and reduce processing times.
Lac Thuy is committed to building a professional, efficient, and business-friendly team of public servants, shifting from a passive administrative mindset to one of proactive business support. The district also continues to promote local products through supply-demand connection programmes and trade fairs.
Vice Chairwoman of the district People's Committee, Hoang Thi Thu Hang, emphasised that in the time ahead, the district will prioritise attracting industries that apply modern, advanced, and environmentally friendly technologies. Local businesses, particularly small and medium-sized enterprises, will be supported in accessing financial and credit resources to expand production and adopt science and technology in their operations.
Enterprises, cooperatives, households, and individuals will be encouraged to form partnerships that attract investment in industrial and handicraft development, while also preserving and enhancing traditional craft industries.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
