The construction of a sheep wool factory kicked off at the Phat Chi industrial complex in Da Lat city of the Central Highlands province of Lam Dong on June 15.
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The wool factory is estimated to
produce about 4,000 tonnes of wool per year for domestic consumption and
exports. (Illustrative photo: VNA)
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The factory, to be built at a cost of US$50 million, is a joint
project between the German Sudwolle Group and the Ho Chi Minh City-based Lien
Phuong Textile and Garment Corporation.
Covering a total area of more than 61,000 square metres, it is
estimated to produce about 4,000 tonnes of wool per year for domestic
consumption and exports.
Upon its operation in April 2019, the factory will use imported
materials to produce wool. Vietnam currently has 50 garment facilities using
wool, with most of them using materials imported from Australia.
The factory is expected to generate revenue of more than US$100
million per year and create jobs for 400 local labourers. It will also be
open to the public for visitors to witness all wool-making steps.
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Source: NDO
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.
