(HBO) – The index of industrial production in Hoa Binh province grew by around 9.5 percent in the first quarter compared to the same period last year, according to the provincial People’s Committee.
The industrial production value during the
period was estimated at more than 9.7 trillion VND (421.1 million USD), up 16
percent year on year.
In particular, the processing and manufacturing industry has
gradually recovered. The production of its beer and beverages, which are among
the industry’s key products, increased by some 6.49 percent, steel and metal
products up 10.64 percent, and cement rose 3.82 percent.
Thanks to new machinery and equipment, the An Phuc
Export Garment Company, based in Hang Tram town of Yen Thuy district, has
improved its productivity and provided stable jobs for local workers.
In terms of electricity generation and
distribution, the three-month power output surpassed 1.83 billion kWh,
equivalent to nearly 19 percent of this year’s target and up 66.3 percent year
on year. Meanwhile, the commercial electricity output was about 265.61 million
kWh, equivalent to 25.25 percent of the annual target and up 23 percent.
Besides, the mining industry maintained stable growth,
with the stone and ore mining output rising 2.8 percent and 0.68 percent from a
year earlier, respectively./.
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.
