alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.

Representatives of Hoa Binh
province and the China Pacific Construction Group.
At the session, Long welcomed the Chinese group, and
thanked the group’s chairman for choosing Hoa Binh as a destination to survey
and seek cooperation opportunities.
He briefed the guests about the geographical
position, potential, and strengths of the province, emphasising that Hoa Binh
is focusing on developing four pillars - industry, agriculture, tourism
services, and urban development, along with five strategic breakthrough areas -
culture; administrative procedure reform and investment procedures;
infrastructure; digital transformation; and human resources.
In particular, Hoa Binh province is concentrating on
improving transport infrastructure, developing tourism, and infrastructure for
industrial zones and urban areas, aiming for a double-digit growth rate in
2025.
Long hoped that the Chinese group will study and
promote cooperation between the two sides. With his reputation, Yan is expected
to serve as a bridge for Chinese businesses to invest in Hoa Binh province.
For his part, Yan highly appreciated the province's
transport infrastructure and investment attraction policies. Yan affirmed that,
with his position and capacity, he is ready to work as a bridge to introduce
large Chinese enterprises to invest in Hoa Binh, especially in research and
development and transport infrastructure sectors.
He also expressed his desire to cooperate with Hoa
Binh province to implement several projects, ensuring quality, progress, and
efficiency.
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.