The year-end is considered a "golden time" to stimulate trade and tourism. Various activities have been organised to seize positive market signals, enhance product branding, and drive socio-economic growth.
Agricultural and food products of Lac Son district attract attention of consumers at Hoa Binh’s products week, creating opportunities for product consumption and collaboration.
One highlight was the week to introduce Hoa Binh province’s products in 2024 which was held in Hanoi from November 28 to December 1 as part of the "Proud of Vietnamese Agricultural Products” programme.
With over 20 booths and more than 100 specialty products, Hoa Binh showcased renowned farm produce such as Cao Phong oranges, Tan Lac pomelos, and Trung Khe rice, among others. The event also attracted over 150 businesses from 32 provinces and cities, displaying 1,500 regional specialties and opening new trade opportunities.
Nguyen Thi Thanh Thuy, Director of the province’s Centre for Investment, Trade, and Tourism Promotion, emphasised the programme’s role in expanding market reach, strengthening brand identity, and supporting the campaign to encourage Vietnamese people to use Vietnamese goods.
Besides Hanoi, Hoa Binh province also hosted regional fairs to promote trade and tourism, including events in Lac Son, Mai Chau and Yen Thuy districts. These efforts, organised under the provincial People's Committee's direction, fostered economic, political, and social benefits, increasing the province's appeal as a trade and tourism destination.
As the year-end approaches, the trade and service sector is identified as a key driver of gross regional domestic product growth. Local authorities and businesses are working together to organise diverse promotional activities and ensure sufficient, high-quality goods for the Lunar New Year (Tet) Festival. This momentum aims to capitalise on the "golden time" for economic development in 2024.
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
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.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
