(HBO) - With the outstanding advantages of geographical conditions, cultural natural resources, Lac Thuy district is planned as the economic force area of the province. Many investors have been interested in research and implementation of large scale projects. Taking this opportunity, Lac Thuy district has coordinated with functional departments to remove difficulties and obstacles for investors to implement projects and ensure the planned progress.
The whole district has 45 investment projects
with the registered capital of approximately VND 13,930 billion. The District
People's Committee regularly grasps and removes difficulties to support
investors to implement the projects. Large-scale investment projects in the
area are in the process of infrastructure construction, procedures for land
acquisition, site clearance, basically ensuring the planned progress.
The project of Xuan Thien lime and light
industry plant was implemented by Xuan Thien Hoa Binh Limited Company in Yen
Bong commune, with an investment of over 8,000 billion VND, the total area of
the project is 162 hectares.

Hoa Binh Hi-tech Environment joint Stock
Company put the project of waste treatment plant in Dong Tam commune (Lac Thuy)
in operation.
Huong Binh cable car project in Phu Lao
commune of Thai Binh Duong Group Company has the total investment of 676
billion VND, total length of 2.8 km, and total land area of 21.88 hectares, of
which 13.22 hectares belong to the province’s area. In addition, the People's
Committee of Lac Thuy concentrated to support enterprises and investors to
accelerate the progress of some key projects such as the project of the
spiritual resort of Phu Lao commune of Pacific Hoa Binh One –Member Limited
Company, with the investment of VND 3,123 billion; the investment project for
the construction of a high – level complex of cultural, recreational and
entertainment areas in association with aquaculture in Dong Tam commune of TH
Tourist joint Stock Company with the investment capital of VND 600 billion; the
project of waste treatment plant in Dong Tam Commune has been put into
operation, etc.
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.