According to the Department of Industry and Trade, Hoa Binh province, the total retail sales and service revenue for October 2024 is estimated at 6.358 trillion VND, an increase of 0.27% from the previous month and 17.31% year-over-year. The increase in total retail sales is attributed to the high demand for cultural, educational, and household goods, along with continued positive trends in accommodation, food and beverage services, and travel and tourism.
In 10 months of this year, the total retail sales of goods and consumer service revenue at current prices is estimated at 61.412 trillion VND, achieving 82.60% of the annual plan. The consumer price index decreased by 0.13% from the previous month, with an average increase of 1.85% over the 10 months. The main reason for the decrease is the weather, which saw frequent rain and cooler temperatures, especially at night, leading to a reduced demand for electricity and water.
In the year's final months, the Department of Industry and Trade will continue to implement measures to closely monitor market conditions, ensure an adequate supply of essential goods for the population, especially during holidays and Tet, and prevent shortages and price spikes.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
