(HBO) – Lac Son district has become a spot in investment attraction, as more investors both inside and outside Hoa Binh province have come to the locality.
Sankor Vietnam that specialises in
electronic component manufacturing in Xuat Hoa commune, Lac Son district, has
created jobs for about 500 labourers.
Lac Son now counts 25 licensed projects with total investment capital of
596.7 billion VND. Of the projects, 14 have been operational, and five are
under construction.
Apart from investment attraction solutions, the district has created optimal
conditions for businesses to complete negotiations on land hand-over with
households in project areas.
Besides, six companies and investors have planned to invest in Lac Son,
including SunGroup with an eco-tourism project in Doi Thung, Quy Hoa commune.
The district has given instructions on land hand-over, the grant of land-use
right certificates, compensation work and site clearance to ensure progress of
the projects.
According to Nguyen Ngoc Diep, Secretary of the district Party Committee, Lac
Son has issued a resolution on investment attraction and infrastructure
development in combination with tapping local potential and strength to serve
socio-economic development.
Focus will be paid to projects whose funding comes from organisations and
individuals, as well as key projects, he said.
Lac Son will facilitate the implementation of ongoing projects in order to soon
put them into operation./.
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.
