(HBO) – In order to promote industrial growth, the Party Committee and People’s Committee of Hoa Binh has focused on directing the development of industrial parks (IP) and industrial clusters to provide ground for investors, contributing to improving production capacity and speed up socio-economic expansion of the locality.
Bui Van Khanh, Deputy
Secretary of the provincial Party Committee and Chairman of the provincial
People’s Committee, as well as leaders of some departments and agencies visit
the production model of Hai Hien wood and bamboo company in Mong Hoa IP in Hoa
Binh city.
Hoa Binh is home to eight IPs that have been approved by the
PM and provincial People’s Committee, with a total area of over 1,500 hectares.
The province has completed the planning of 20 industrial clusters with total
areas of more than 800 hectares.
In the 2016-2020 period, the province completed a number of
necessary works in five IPs of Da River’s left bank, Yen Quang, Mong Hoa IPs in
Hoa Binh city, and Luong Son and Lac Thinh IPs in Yen Thuy district.
As of the end of 2020, local IPs had lured 99 projects,
including 26 foreign-invested projects worth 518 million USD. Of the total, 60
projects have been put in operation, creating jobs for about 20,000 labourers.
According to the provincial Department of Industry and
Trade, 15 out of 20 industrial clusters have been approved with total area of
about 626 hectares. The province has approved the spending of over 4.1 trillion
VND on investment for the construction of the industrial clusters’ technical infrastructure. Quach Tat Liem, Vice Chairman of the provincial People’s
Committee asked localities to review IP and industrial cluster’s planning, thus
dealing with projects that are lagged behind the schedule.
The Management Board of provincial IPs proposed that
departments, sectors and the People’s Committees of districts and city to
continue creating favourable conditions for the investment of infrastructure
system for industrial development, while coordinating with investors of IP’s
infrastructure projects to conduct ground clearance in an effective manner.
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.