(HBO) – After over eight years of development, Da Hop Trading joint Stock Company has gained a firm foothold in Hoa Binh city, the capital of Hoa Binh province, and in the province at large.
In 2011, the company started construction of An Cu Xanh
residential area, which later became an example of effective investment. The
2.8-hectare residential area is located in Huu Nghi Ward, Hoa Binh City. It has
been constructed with a total investment of over 38 billion VND.
An
Cu Xanh residential area is invested by Da Hop Trading JSC
The company has also invested in a number of other projects in Hoa
Binh city, including two social housing projects for workers, a chain of kindergartens
under the name Hoa Da Hop that meets international standards. It has invited foreign
investment into the Da River Left-bank Industrial Park and built a water plant
on the left bank of Da River.
The company has been striving to employ the safest, most feasible
and effective business plans to ensure its obligations to the State and welfare
for its employees; and at the same time maintain good profit to develop
sustainably.
Last year, the firm earned nearly 100 billion VND in revenue, an
increase of 209 percent from 2016. It contributed more than 5.2 billion VND to
the state budget, while its workers’ wage averaged 6 million VND per person per
month.
The company’s good performance has contributed remarkably to the
socio-economic development of the province./.
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.
