Hoa Binh province currently has 165 investment projects in the fields of tourism, trade and services with a total registered capital of about 27,000 billion VND. In which, 60 investment projects are in tourism. Typical examples such as: Vien Nam ecological and entertainment urban area project (Hoa Binh city); Ecological urban area, high-end entertainment and Cuoi Ha cable car system (Kim Boi district); Garden villas, afforestation combined with eco-tourism in Mong Hoa commune (Hoa Binh city)...

Infrastructure of Hoa Binh Lake tourist area has been invested and upgraded.
From public investment capital for the period 2021 - 2025, Hoa Binh province has allocated 352.6 billion VND for tourism infrastructure projects. Many important projects are arranged with public investment capital; 2 projects using ODA capital.
The work of attracting investment in the tourism sector is paid attention and promoted to realize the goal of building Hoa Binh into a major tourism center in the Northern midlands and mountainous regions, an attractive destination for tourists in the region, domestic and foreigners, contributing to the socio-economic development of the province.
Alongside the diverse cultural identities of the Kinh, Muong, Tay, Thai, Dao, and Mong ethnic people, Hoa Binh province is also renowned as the "capital" of the northwestern Vietnamese cuisine, offering unique and distinctive dishes. At festivals, during Lunar New Year (Tet), or on significant family or community occasions, special dishes are prepared, leaving a lasting impression on visitors.
A Phong Linh (Yellow Tabebuia) flower garden in Thang village, Thach Yen commune, Cao Phong district is currently in full bloom, drawing a large number of visitors.
Community-based tourism has been thriving in Pa Co commune, Mai Chau district thanks to advantages in natural landscape and cultural identity.
Doan Ket commune of Yen Thuy district has recently held a ceremony to receive a certificate recognising Ta communal house as a provincial-level historical and cultural relic site.
In Lac Thuy district, the fertile alluvial land along the Boi River is now home to lush green mulberry gardens, marking the emergence of a new agricultural industry - mulberry cultivation and silkworm farming.
Officially opening in February, Ngoi Hoa Ecotourism Site (PriorBay Resort) in Suoi Hoa commune, Tan Lac district, has quickly become a sought-after destination. It offers visitors a chance to indulge in distinctive and enticing experiences.