The Vietnamese Government has, and is implementing concerted policies and measures for economic recovery during and after the COVID-19 pandemic, according to Foreign Ministry spokeswoman Le Thi Thu Hang.
Vietnam is implementing a range of measures to boost economic recovery.
At the Foreign Ministry’s regular press conference on May 14,
the spokesperson said Vietnam has basically controlled and driven back the
COVID-19 epidemic thanks to drastic and effective prevention measures, which
laid an important foundation to consolidate the trust of the business community
and domestic and foreign investors.
Besides epidemic control work, the
Government has consistently pursued the policy of promoting socio-economic
development in order to strengthen the economy’s foundation and its resilience,
Hang said.
She elaborated that under this policy,
the Government has worked to ensure supply chains and the trade of goods and
services in the country as well as with other countries, while pushing ahead
with effort to improve the business and investment environment, cut procedures
and costs for enterprises, develop infrastructure and logistics, and actively
implement free trade agreements with partners.
The Government has also provided support
to enterprises and investors in tackling difficulties caused by the COVID-19
epidemic so as to continue implementing their investment projects in Vietnam,
including allowing experts and skilled workers to enter Vietnam while ensuring
epidemic prevention, the spokeswoman said.
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.
