(HBO) – In the past time, the COVID-19 pandemic has caused a slowdown in industry - craft production across Hoa Binh city, with many firms working in indifferent manner.
The
T&T company’s workshop for processing agricultural by-products (Yen Mong
commune, Hoa Binh city) maintains production to ensure jobs for workers.
The local industry-craft production
value was estimated at 378.4 billion VND (16.2 million USD) in April, up 8.8
percent year on year and bringing the accumulated number for the first four
months to over 2.1 trillion VND.
The city always creates favorable
conditions to attract enterprises investing in its three industrial parks – in
the left bank of the Da river, and in Mong Hoa and Yen Quang communes. It is
also working to accelerate the progress of constructing infrastructure at the
Yen Mong, Cham Mat - Dan Chu, and Trung Muong industrial clusters.
Also in April, the city’s retail
sales and services revenue reached more than 1.3 trillion VND, a year-on-year increase
of 5.2 percent. Of the total, individual business households contributed 640.5
billion VND, while enterprises accounted for the remainder./.
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.
