According to the Department of Statistics of Hoa Binh Province, in January 2025, industrial production in the province changed positively. The province's industrial production index increased by 4.44% compared to December 2024, up 2.82% over the same period last year. Notably, the electricity production and distribution industry grew strongly, ensuring the demand for electricity during Tet.
Specifically, in January, Hoa Binh Province's electricity production output was estimated at 485 million kWh, up 54.76% over the previous month; the mining industry increased by 35.1% over the same period last year. The processing and manufacturing industry decreased by 6.3%, and the water supply industry increased by 4.58% over the same period last year.
In 2025, Hoa Binh province will continue to promote industrial restructuring, focusing on supporting industries. It will focus on restructuring linkage chains to serve industrial production. It will promote attracting investment projects in industrial parks and clusters. It will also strengthen industrial promotion, focusing on training and developing traditional handicrafts associated with tourist destinations and export production.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
"Behind every One Commune One Product (OCOP)-starred product lies a quietly operating support system: technical staff, experts, trade fairs, and e-commerce platforms. OCOP cannot go far without forward-looking policy support," affirmed Nguyen Huy Nhuan, Director of the Department of Agriculture and Environment of Hoa Binh province.
The economic landscape of Hoa Binh province continued its impressive upward trajectory through the first four months of 2025, according to a recent report from the provincial Department of Finance. The local authority has directed departments and sectors to keep close tabs on growth scenarios for each quarters and remove bottlenecks, striving to complete the set growth targets.