(HBO) – The Hoa Binh provincial Department of Industry and Trade held a working session with People’s Committee of Da Bac district on November 12 morning to discuss the progress of building local infrastructure in industrial park (IP) cluster in the locality.
The Department of Industry and Trade inspects
investment in IP cluster infrastructure in Da Bac district.
The Da Bac IP complex
covers an area of 27.72 ha, with the goal of becoming a multi-sectoral
industrial and handicraft cluster. Major industries include steel billets,
apparel, textile, animal feed processing, handicraft production, forestry
processing, construction material areas. The total investment is estimated at
230 billion VND. At present, the new IP cluster investment is only in the stage
of planning. Site clearance has yet to be finished while technical
infrastructure construction also has yet to be started.
Participants at the event called for embarking on investment procedures, paying
compensation for site clearance, devising adjustments to detailed planning and
construction design.
Via inspection, leader of the department emphasised that it is a key project to
generate jobs to local workers in line with the district’s socio-economic
development planning and orientations. In the near future, it is necessary to
speed up construction and accelerate compensation and site clearance. Local
specialised agencies need to help Phuc Thanh urban infrastructure development
JSC complete legal procedures, actively collect data to determine specific land
price adjustment coefficient for calculation of compensation, outline a plan
for land acquisition, investigation and survey, striving to shorten time for
appraisal but ensuring it is in accordance with regulations.
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.
