(HBO) - Over the past years, Lac Thuy district has well implemented policies on investment incentives and administrative reform so as to encourage enterprises to invest in its industrial clusters. The district has given priority to industries which it has potential and advantages in materials, actively supported production activities, and created the best conditions for investors.

Lac Thuy joint Stock Company operating in garment and textile production generates stable jobs and incomes for over 600 labourers.

The Xuan Thien solar battery factory project of Xuan Thien Limited Company received an investment intention decision on March 18, 2020. A representative from the company said that the project targets meeting demands for solar power plants inside and outside the country, creating jobs for around 1,100 labourers, increasing revenue for the company, and contributing to the local socio-economic development.

Investment projects in local industrial clusters have been on the right track, helping generate jobs for local labourers and increase the proportion of industry in the district’s economic structure.

Chairman of the district People’s Committee Nguyen Van Hai said that the resolution on investment attraction has contributed to socio-economic development after nearly 7 years of implementation. Targets and criteria set in the resolution have been achieved and surpassed. By the end of June, 2020, the district had attracted 53 projects with a total registered capital of 17.941 trillion VND, of which the agricultural sector lured nine projects, 30 projects in the industrial sector, three in tourism and hospitability, two in afforestation, and nine in mineral processing.

Of the total, 29 projects, or 54.7 percent, have been put into operation. For the remaining projects, investors are conducting investment procedures, building infrastructure, and completing procedures to get the land and clear the ground, which have generated jobs for locals. Key ongoing projects include Huong Binh cable project; Lac Thuy resort and cultural tourist site by Pacific-Hoa Binh One-member Limited Company; a complex of sports, culture, entertainment, resort, eco-tourism and aquaculture; Dong Tam golf course; Xuan Thien Hoa Binh lime and light powder factory; and Xuan Thien port.

Over the past times, the district People’s Committee has directed relevant agencies to well conduct land clearance to have land funds for investors. At present, infrastructure at industrial clusters has been basically completed. To date, 10 businesses have poured capital into industrial clusters with a combined capital of 535 billion VND, the area of rented land in industrial clusters is 37.21ha.

In the time ahead, the district will intensify management over operational enterprises and help them deal with difficulties, while speeding up investment promotion and improving the business environment.

Attention will be paid to the land clearance and the training of human resources to meet requirements of enterprises and units investing in the locality./.


Related Topics


Hoa Binh’s economy expands 12.67% in Q1

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%.

Lac Thuy district advances agriculture in tandem with new-style countryside development

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.

“A 4.0-Era Farmer Championing Green Agriculture”

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.

Rich and Flavorful Honey of Dao Village

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.

Lac Thuy district prioritises resources for industrial, handicraft development

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.

Phu Thanh implements organic practices in tea production

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.