(HBO) – The standing board of the Hoa Binh Party Committee, including Secretary Ngo Van Tuan and Vice Secretaries Bui Duc Hinh and Bui Van Khanh, on March 31 had a working session a joint venture of three groups, namely Deo Ca, Phu My, and Van Phu.
Ngo Van Tuan, member of the Party Central
Committee and Secretary of the Hoa Binh Party Committee, speaks at the event.
At the function, the companies introduced their capacities. Deo Ca operates in
construction and transport infrastructure investment, while Van Phu and Phu My
both run businesses in real estate and industrial and transport infrastructure.
In Hoa Binh, Phu My is the investor of the 213.68ha Nhuan Trach industrial park
in Luong Son district and the 235.86ha Mong Hoa industrial park in Hoa Binh
city.
The three groups tabled a series of options to implement local transport
infrastructure projects as well as the public–private partnership (PPP) model,
and conditions to apply in Hoa Binh.
They suggested the province support them in their research and investment in a
number of local transport projects, and allow them to access and make
consultations to the provincial general planning project.
Provincial leaders stated that Hoa Binh seeks investment in infrastructure
development of routes connecting its key areas in Luong Son district and Hoa
Binh city, in order to capitalise on the land available on both sides of the
road and to form urban and residential areas, creating space for socio-economic
development.
Concluding the session, Ngo Van Tuan, member of the Party Central Committee and
Secretary of the Hoa Binh Party Committee, agreed with the contents discussed.
He called for the establishment of a local working group to study investment
mechanisms and build plans in line with regulations and other transport and
land use planning.
Investors and competent agencies in Hoa Binh should work together in surveying
and implementing related projects for higher speed and effectiveness, he
recommended.
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.
