Prime Minister Nguyen Xuan Phuc has signed a decision to allocate almost VND1.3 trillion of the investment plan of the Central budget in 2017 (the third phase), including the recovery of capital from advance funds, for ministries and sectors.
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Illustrative image (Photo: VNA)
The
ministries and sectors include the Ministry of Agriculture and Rural
Development; the Ministry of Natural Resources and Environment; the Vietnam
General Confederation of Labour; and 22 provinces and centrally-run cities.
The Prime
Minister has assigned the Minister of Planning and Investment to provide the
relevant ministries, branches, provinces and cities with a detailed list and
budget level of the central budget plan in 2017, allocated to each project by
their sector, area, and programme.
In
accordance with the investment plan of the Central budget in 2017, the
relevant ministries, branches and localities will inform the grassroots units
of the list and capital of each project (including the recovery of advance
capital) and submit them to the Ministry of Planning and Investment and the
Ministry of Finance no later than September 15.
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Source: NDO
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.
