(HBO) - Hoa Binh province will have 21 industrial clusters with a total area of 866,605 hectares under an approved planning scheme. Currently, 16 out of the 21 industrial clusters have been approved by the Provincial People's Committee to set up, covering 683 hectares, with total funding of over 4.86 trillion VND.
Tien Tien Industrial Cluster (Quang Tien commune, Hoa Binh city) is
accelerating construction of technical infrastructure to lure investments.
The combined investment in infrastructure development at the industrial clusters
reached 187 billion VND last year, raising the accumulative amount to date to
about 600 billion VND.
According to the provincial Department of Industry and Trade, there are
currently 34 secondary production and business projects at the industrial clusters
worth some 3.11 trillion VND.
Statistics showed that last year, these clusters generated some 1.7 trillion
VND in industrial production value, and created jobs for 1,300 labourers.
Pham Van Bao, Head of the Industrial Management Division at the provincial
Department of Industry and Trade, pointed to roadblocks in site clearance,
compensation and resettlement.
However, he said, remarkable outcomes have been achieved, as reflected in the
increasing number of secondary projects at the industrial clusters, and
improvements in investment attraction.
To lure more investment projects, especially at the industrial clusters, it is
a must to step up the communications work and review planning schemes of the
industrial clusters in order to make timely adjustments and supplements, the
official continued.
Bao also emphasised the need to better manage the industrial parks to
facilitate investment in infrastructure, production and business, and suggested
mobilising all resources for infrastructure development at the industrial
clusters, with priorities given to environmental pollution handling, and the
communications work./.
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.
