The provincial People’s Committee on September 10 reviewed local socio-economic development in the January-September period, and gave feedback to draft reports to be presented to the Standing Board of the provincial Party Committee and the People’s Council. Deputy Secretary of the Party Committee and Chairman of the People’s Committee Bui Van Khanh presided over the meeting.
Deputy Secretary of the Party Committee
and Chairman of the People’s Committee Bui Van Khanh speaks at the meeting.
According to a report presented at the meeting,
Hoa Binh’s gross regional domestic product (GRDP) in the reviewed period
expanded by 8% year-on-year, and its export turnover was estimated at 1.47
million USD, up 20.7% year-on-year. The province welcomed some 3.6 million
tourists, a rise of 7.9% from the same period last year.
Its state budget revenue stood at some 4.8
trillion VND (195.67 million USD), surpassing the Government’s target by 19%,
and fulfilling 83% of the plan set by the provincial People’s Council.
As of the end of July, the province’s capital
disbursement reached 1.16 trillion VND, fulfilling 34% of the target set by the
Government, and 31% of the plan worked out by the People’s Committee.
Progress has also been made in socio-economic
affairs, and national defence-security.
Participants also opined on reports on the
progress of key projects, and pointed to obstacles to local socio-economic
development, notably sluggish land clearance, land crunch, and low
disbursement.
In his remarks, Khanh asked departments,
agencies, and localities to step up coordination in pushing ahead with
investment and land clearance, and pay more heed to disbursement.
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.
