(HBO) - Lac Thuy authorities have granted investment certificates to 50 projects with a total registered capital of over 15,754 billion VND, according the district People’s Committee.
Some key projects are being implemented in the
district, such as Huong Binh cable work; Lac Thuy district cultural, tourism
and resort site of Pacific - Hoa Binh One Member Co. Ltd; sport-culture,
entertainment, high-class resort, ecotourism complex in combination with
aquaculture, Dong Tam golf course, and the project on Xuan Thien lime and light
powder production and Xuan Thien port.
In implementing the public
investment plan for 2020, there are some projects to be carried out, including
those on planting, protecting and restoring protective forests in upper Boi
river area, upgrading Boi river dyke and a road section from Chi Ne bridge in
Khoan Du, Lac Thuy district, to Xinh Tho commune, Nho Quan district of Ninh
Binh province, Thanh Nong-Thanh Ha-Ho Chi Minh highway bypass, and upgrading a
dyke system and building road in Phu Lao commune.
Besides, the district has sped up he works such as national highway 21 to Luon
cave; construction of technical infrastructure for aquaculture areas; and a
road section from Phu Lao commune to Lien Hoa commue./.
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.
