Vietnam’s trade gap for the first month of 2018 was estimated at US$300 million, according to the General Statistics Office (GSO).
|
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.
|
Source: NDO
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.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
