(HBO) – The Thai Binh Tourism Co. Ltd, an affiliate of Pacific Group, held a ceremony in Phu Nghia commune, Lac Thuy district, Hoa Binh province, to start the construction of works in Hoa Binh section of the Huong Binh cable line project.
Nguyen Phi Long, Secretary of the provincial Party Committee; Bui Duc Hinh, Standing Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Council; and Bui Van Khanh, Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee, present flowers to the investor.
Invested by the Thai Binh Tourism Co. Ltd, the project covers an area of about 35 ha, with a total investment of some 1.7 trillion VND (73.9 million USD), including a nearly 3km cable car line, two terminals, a customer service area, a pier, a restaurant, and a villa resort, among others.
It has been so far the most advanced transportation system imported from Austria. The project connects Huong Pagoda in Huong Son commune, My Duc district, Hanoi, with the Tien Pagoda in Phu Nghia commune, Lac Thuy district, reducing travel time between the two sites from 60 minutes by road to just 10 minutes, serving 1,500 - 2,000 passengers per hour, equivalent to 12,000 - 16,000 passengers per day.
The Huong Binh cable line is located in the low-lying area of the spiritual region encompassing Huong Pagoda (a special national cultural heritage site), Tien Pagoda (a national cultural heritage site), and the Tam Chuc pagoda complex (a national cultural heritage site). Scheduled to be operational in the fourth quarter of 2024, the project is expected to enhance transportation connectivity and enable tourists to explore the unique natural landscapes, contributing to the development of tourism, culture, and commerce and services in Hanoi, Hoa Binh, Ha Nam, and adjacent areas.
Speaking at the groundbreaking ceremony, Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh described Huong Binh cable line as a key project of the province. He asked the investor and construction units to continue ensuring the quality and effectiveness of the project, contributing to the local socio-economic development.
The Lac Thuy district’s Party Committee and authorities were assigned to regularly work with the investor to address any arising difficulties, thus ensuring that the project will meet schedule./.
In recent times, Hoa Binh province has shown its determination and high sense of responsibility in seriously implementing the directives of the Party Central Committee and its Politburo and Secretariat regarding the streamlining of the political system’s organisational apparatus and the development of a two-level local administration system. The aim is to build a commune-level administration that is close to the people, attentive to their needs, and capable of quickly responding to the demands of both businesses and citizens, while also opening up new development spaces.
Over the past three years, the northern mountainous province of Hoa Binh has begun redefining its position on Vietnam’s service landscape with a series of distintive commercial models, from highland night markets, pedestrian-friendly streets, to logistics centres tied to local agricultural products.
Hoa Binh city has marked a significant step in sustainable forest management as nearly 1,450 hectares of its plantation forests have been granted Forest Stewardship Council (FSC) certification, an international standard required to access major wood markets such as the EU, the US, and Japan.
Construction on the Xuan Thien Hoa Binh lime and light powder factory in Yen Bong commune, Lac Thuy district - a key project of Hoa Binh province - started on April 24.
Hoa Binh city is transitioning to modern and sustainable agriculture by leveraging its natural advantages to efficiently develop crop cultivation and animal husbandry. The city is applying scientific and technical advancements to farming, processing, and distribution while expanding export markets, significantly increasing production value and incomes for farmers.
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%.
