(HBO) – Over the past time, Hoa Binh city has maintained its industrial and handicraft production, with a number of businesses even expanding their production capacity.
Major products include garment-textile,
and electronic components. Such sectors as construction material, brick and
broom production, food processing, carpentry, garment-textile and mechanics
have been kept stable, helping to generate jobs for labourers.
Yen Quang Industrial Park in Hoa Binh city is under
infrastructure building.
Over the past two months, the city’s total
industrial-handicraft production value was estimated at 402.06 billion VND, up
18.3 percent year-on-year, of which the business circle created 350.76 billion
VND and individuals and cooperatives for 75.3 billion VND.
The municipal People’s Committee has
ordered focusing on key products and industries in service of agriculture and
rural areas, saying attention should be paid to small and medium industries and
supporting industries in combination with handicraft development.
The committee has also urged removing
difficulties in site clearance to complete infrastructure at industrial areas
and clusters, especially those located on the left of Da, Mong Hoa and Yen
Quang Rivers./.
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.
