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In
2024, Hoa Binh province's export turnover estimated to reach over 2 billion
USD, up 18.2% over the same period, reaching 100.03% of the year's plan.
In 2024, forest honey products from Green
Life Cooperative, located in Hop Tien Commune, Kim Bôi District were exported
to the United Kingdom for the first time.
Specifically, the electronics sector is
estimated to generate 904.102 million USD, an increase of 17.85% year-on-year, accounting
for 45.19% of the total export turnover. Meanwhile, the textile and garment
sector is expected to reach 656.504 million USD, up 14.46% year-on-year, making
up 32.81% of total exports.
For 2025, Hoa Binh Province aims to achieve an export turnover of 2.361
billion USD, an 18% increase compared to 2024. To reach this target, the
Department of Industry and Trade will focus on implementing the "Project
on Developing Key Agricultural Export Markets of Hoa Binh Province for the
2020-2025 period, with Orientation to 2030". Additionally, efforts will
continue to promote trade and exports, enhance market information
dissemination, and strengthen the capacity of businesses and cooperatives in
conducting trade promotion activities on digital platforms.
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.
