(HBO) – Successes from the implementation of the Lac Thuy district Party Organization’s Resolution 14-NQ/HU in recent years has created a strong foundation for the district to take 9 out of its 15 communes and towns into Hoa Binh province’s area of economic drivers.
A project on building net houses for organic muskmelon and
vegetable growing by Hoa Binh GAP One-liability Co. Ltd. in Thanh Ha town.
Between 2013 and 2018, the
district has capitalised on state and local budgets to build infrastructure and
attract more investment. Projects involved include an 8.6 billion VND infrastructure
project for industrial cluster in Dong Tam commune, Phu Thanh II industrial
cluster infrastructure project worth over 71 billion VND, and Lac Thuy district
tourism infrastructure project worth 81 billion VND. Lac Thuy has also worked
with relevant provincial agencies and directed its functional division and land
development centre to focus on creating a cleared land source to woo investors.
Along investment in
infrastructure at industrial parks and industrial clusters, Lac Thuy has poured
capital into transport infrastructure to connect national road 21 and Ho Chi
Minh Trail as well as to upgrade and dredge a waterway on Buoi river. It also
invested 23 billion VND in upgrading a section from national road 21 to Luon cave
tourism site in Yen Bong commune; 200 billion VND in provincial road 438B
connecting Khoan Du and An Binh; 217.8 billion VND in upgrading a dyke cum road
stretching from Chi Ne to Xich Tho (Nho Quan district, Ninh Binh province); and
83 billion VND in expanding Phu Lao - Lien Hoa road.
To date, the district has
been implementing 45 projects, including 8 projects in agriculture, 25 in
industry, three in hotel and tourism, and seven in mining. Of those, 25
projects are put into operation, creating jobs for a large number of local
workers and contributing about 75 billion VND to the State budget.
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.
