(HBO) - Thanks to the access to loans from the Bank for Social Policies, Pham Thi Sinh, a member of the women’s union in Tan Lam village, Phu Thanh commune (Lac Thuy), has become well-off more than two years after starting a business of raising goats for breeding and meat.

The model of raising goats for breeding and meat of
farmers in Vo village, Thong Nhat commune (Lac Thuy) has a stable market,
creating sustainable livelihoods.
Sinh shared, "In the past, I and my husband used to work as
hired labourers to make a living. Then we got the attention of the Women’s
Union and were sent to a class on transferring scientific and technical
advances and provided with a 50-million VND loan, I took the courage to start a
new direction of animal husbandry. In 2020, my family's goat herd has only 20
heads, but now the figure has multiplied to more than 100. The model brings us
an average annual income of about 200 million VND.”
Not only working hard and being eager to do business, Sinh
also actively supports other member households in connecting and promoting the
sale of livestock products in the market.
Previously, Thong Nhat, An Binh, Hung Thi, Phu Nghia, Khoan
Du and Yen Bong communes faced many difficulties in socio-economic development.
In order to promote sustainable poverty reduction for these communes, Party
committees from the district to commune level have synchronously implemented
solutions and sought programmes and projects integrated with the national
target programme on poverty reduction. Typically, three poverty reduction
models have been built in An Binh, Khoan Du and Hung Thi communes, thus
contributing to creating jobs for 120 rural workers. Associations and mass
organisations of farmers, women and youth have also actively participated in
carrying out many programmes and activities to support members in plant
varieties and access to credit, as well as opening courses on training, guiding
techniques for the care and disease prevention for plants and animals.
Dinh Thi Thu Huyen, head of the district’s Department of
Labour, Invalids and Social Affairs said that once a locality with a relatively
high poverty rate (18.5 percent in 2015), the district has made a breakthrough,
rising to the top group in terms of achieving new-style rural building criteria
of the province.
This outstanding result has contributed importantly to
poverty reduction efforts. The Party Committee, authorities and people of the
district reduced the poverty rate in 2021 to 3.43 percent, and achieved an
average per capita income of 61.2 million VND. /.
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.