Hoa Binh’s natural tourism resources and unique cultural tourism are attractive to investors.

The conclusion indicated that, after three years of implementing the project, the service sector has achieved significant results, playing a crucial role in the province's economic growth and budget revenue.

Tourism has evolved towards a more professional model, integrating with industrial and agricultural development, preserving and enhancing cultural and historical values, protecting the environment, creating jobs, and maintaining political stability.

In June 2024, the service sector was estimated to account for 35.45% of the provincial economy. Planning and zoning efforts have been adapted to meet the province's development needs as outlined in the Hoa Binh province development plan for 2021-2030, with a vision to 2050.

Yet, challenges remain in the development of services and tourism such as the poor harmony in socio-economic, transportation and tourism infrastructure.

The tourism sector is struggling with producing attractive and high-quality tourism products, and has yet to achieve its goal of becoming a leading driver in the province's socio-economic development.

To effectively continue the implementation of the project and achieve the goals set by the 17th provincial Party Congress for the 2020-2025 term, the province has outlined eight key tasks, namely enhancing communication in order to raise awareness among officials, party members, the public, and businesses on the benefits of service development, particularly tourism; strengthening state management to expedite administrative processes, and solve policy issues to accelerate project implementation; boosting human resources development to help build a skilled, well-balanced workforce in the service sector to meet market demands; infrastructural investment; upgrading tourist sites and creating high-quality tourism products; promoting investment; developing telecommunications; and facilitating investment.

These measures aim to tackle current challenges and capitalise on growth opportunities in the service sector, especially tourism, to achieve the province’s development goals.

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Hoa Binh’s economy expands 12.67% in Q1

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%.

Lac Thuy district advances agriculture in tandem with new-style countryside development

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.

“A 4.0-Era Farmer Championing Green Agriculture”

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.

Rich and Flavorful Honey of Dao Village

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.

Lac Thuy district prioritises resources for industrial, handicraft development

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.

Phu Thanh implements organic practices in tea production

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.