(HBO) - To carry out the district’ resolution on investment attraction, the whole local political system has taken concrete measures. As a result, Lac Thuy now accommodates 53 investment projects totally worth nearly 18 trillion VND (776.9 million USD), mostly in such potential sectors as industry, agriculture, tourism and services. Twenty-nine projects or 54.7 percent of the total have been put into operation, and the rest are being carried out on schedule.
Home to charming landscapes, Lac Thuy district is a magnet for investors
in tourism and service sectors.
Some key projects are expected to help make
breakthroughs in economic restructuring such as the Xuan Thien lime and calcium
carbonate powder factory worth 8 trillion VND in Yen Bong commune; the Huong
Binh cable car project worth 676 billion VND in Phu Nghia commune; the
spiritual tourism site worth over 3.1 trillion VND in Phu Nghia; and the
sports, culture, entertainment, resort and eco-tourism complex in Dong Tam
commune.
To attract investment, authorities of Lac Thuy
have actively approached and assisted investors to tackle difficulties and
facilitated their projects. The district’s People’s Committee has issued a plan
on business climate improvement in which it assigns relevant agencies to step
up administrative reforms and site clearance, and help investors complete
investment procedures and implement their projects on schedule.
Lac Thuy has made use of central agencies’
support and mobilised other resources for developing infrastructure, especially
in the Dong Tam and Phu Thanh industrial parks, to promote its investment
attractiveness. The district has also worked hard to invite more investment to
potential fields and those it has strength in, solve obstacles to site
clearance in key projects, press on with administrative reforms, and create the
best possible conditions for project implementation./.
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.
