(HBO) - According to statistics, in the first 6 months of the year, the total revenue of the state budget in Mai Chau district is estimated at 29,304 billion VND, reaching 44.11% of the estimate, increasing 70.34% compared to that of the same period in 2021. The total estimated expenditure of the district is 213,065 billion VND, reaching 44.77% of the estimate, increasing 13.6% compared to taht of the same period in 2021. The total budget expenditure of the commune level is estimated at 50.612 billion VND, reaching 56.02% of the estimate, increasing 4 0.04% compared to that of the same period in 2021.
To achieve that result, Mai Chau
District’s Party Committee has issued a resolution on strengthening the Party's
leadership in the state budget collection in the district in the period of 2022
- 2025; The District’s People's Committee has developed plans, directed and
administered the tssks of the socio-economic development and the budget
revenues and expenditures in 2022 has been estimated. It is neccsary to ensure
the correct and sufficient collection and the revenues for the state budget is
gradually increased. They have appraised and reviewed the expenditure estimates
of the budgeting units to ensure the correct sources and the spending contents
based on the principle of thrifty and efficient spending.
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.