HBO - In the first quarter of 2019, considerable reforms were made in leadership and management of the whole political system of Hoa Binh province, and all-level authorities and sectors have joined together to realise socio-economic development tasks for this year.
Thanks to the province’s efforts, positive signs have been recorded in
different spheres, including stable socio-economic development and good
year-on-year growth in some sectors. Notably, the gross regional domestic
product (GRDP) grew by 8.63 percent in Q1.
While agricultural production has kept
developing, spring crop schedules have been fulfilled. The province has put
animal epidemics under control, helping livestock farming recover.
It has also pushed ahead with agricultural
restructuring and new-style rural area building, gaining positive results.
Sixty-three communes in Hoa Binh have obtained the new-style rural area status.
Particularly, Hoa Binh city also gained this status, making the province the
first in the northwestern region to have a district-level locality named
new-style rural area.
The industrial production index in the Q1 of 2019
increased by 10.2 percent year on year. Photo: The Hoa Binh Knitting Co. Ltd provides
jobs for 400 people.
Hoa Binh posted fair growth in its industrial
production, whose value was estimated at 8.68 trillion VND (over 374.3 million
USD). Businesses, especially foreign invested ones, still report stable and
developing performance with total export value rising 17.43 percent from a year
earlier. The province collected 838 billion VND for the State budget.
Additionally, many projects have been launched or completed on schedule.
Meanwhile, improvements have also been recorded
in social and cultural aspects. Hoa Binh has been working to tap into its
tourism potential in order to attract more visitors from both inside and
outside of the province. The number of travellers to local tourist sites has
continued surging, reaching 1.1 million, helping the province earn about 600
billion VND in tourism revenue.
In 2018, Hoa Binh climbed four places in the Provincial
Competitiveness Index rankings compared to the previous year. Many sub-indexes were
strongly improved, particularly the one on provincial authorities’ dynamism.
The provincial administration is demanding
relevant sectors to drastically carry out solutions to improve the local
investment and business climate and support the implementation of key
projects./.
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.
