Vietnam’s trade gap for the first month of 2018 was estimated at US$300 million, according to the General Statistics Office (GSO).
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Data released on January 29 showed exports rose by 33.1% to
US$19 billion in January, while imports surged by 47.4% to US$19.3 billion as
a result of greater demand for manufacturing input and consumer goods ahead
of the Lunar New Year.
The GSO said that domestic enterprises ran a deficit of US$2.4
billion while the foreign sector recorded a surplus of US$2.1 billion.
China was the largest buyer of Vietnamese goods at a value of
US$4.5 billion, 2.5 times higher than the same period in 2017, while
Vietnam’s exports to the US and the European Union were US$3.5 billion and
US$3 billion respectively.
The world’s second largest economy led the way as the largest
source of Vietnam’s imports at US$5.7 billion, up 45.6% on the previous year.
Imports from the Republic of Korea and ASEAN followed in second
and third places, at US$4.2 billion and US$2.6 billion respectively.
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Source: NDO
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
