(HBO)- Immediately after the Lunar New Year holiday, the year of Pig, most of the enterprises in the industrial zones in the province have started to implement their production and business plans with the exciting and urgent atmosphere, promising the new year with great expectations of economic development and social security in the province.

After the Lunar New Year, Hoa Binh Koyuseni
Knitting Co., Ltd. at the left-side
industrial park of Da river's has returned to stable operation, creating jobs
for more than 400 local workers.
According to the initial record, after Tet
holiday, many enterprises such as Sankoh Co., Ltd. R lens Co., Ltd, Vietnamese
GGS Garment Company ... (the left-side industrial zone of Da river); Vietnamese
Doosung Tech Co., Ltd., ViNa HNT Esquel, Vietnamese Nissin Manufaturing, INC
Seyong, Midori Vietnamese Apparel ... (Luong Son Industrial Park) have come
into stable operation, deploying the emulation movements to complete the
monthly and quarterly production plans of 2019.
The deputy chief of the Management Board of
the provincial Industrial Zones, Mr. Duong Nhu Re says that after Lunar New
Year, the year of Pig, workers have returned for work at the Industrial Zones
to implement the plan for 2019. Many enterprises have had orders for whole
year, promising a good year for industrial development and restructuring of the
province.
Now there are eighty-seven investment
projects, twenty-five of which have received the direct investment with a total
registered capital of US $607.63 million and 62 domestic projects with a
registered capital of over 7,172 billion VND in the provincial industrial parks. Forty-nine projects have gone into
operation and business activities. By the end of January 2019, the enterprises
have made the revenue of 45 million US dollars and 100 billion VND. The export
value has reached 43 million US dollars and 12 billion VND, paying 0.4 million
US dollars to the budget and 15 billion VND, creating jobs for 17,858 people,
90% of which are the local people.
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.