From 2021 to 2025, Hoa Binh province has prioritized tourism development, especially attracting investment in the tourism sector.
Ngoi Hoa Ecotourism Area in Tan Lạc district stands out as one of the most attractive destinations in Hoa Binh province.
The province welcomes alot of domestic and foreign
investors to explore, research investment, and develop tourism projects. The entire province currently has 170
investment projects in tourism, commerce, and services with a total registered
capital of approximately 26,223 billion VND.
Currently, 18 projects have been constructed and put
into operation, accounting for about 11% of the investment projects in the
tourism sector. Typical projects include
the Huong Binh cable car line in Lạc Thuy district, the Ngoi Hoa ecological
tourism area in Tan Lạc district, and the high-end entertainment area at Kim
Boi hot springs in Kim Boi district.
It is expected that from now until the end of 2025,
four more resort projects will be completed and put into operation in the
province, contributing to improving land use efficiency and creating jobs for
about 500 local workers.
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.