(HBO) – As many as 11 businesses and cooperatives from the northern mountainous province of Hoa Binh have attended a trade promotion conference in Hanoi which aimed to connect supply and demand between the capital city and other cities and provinces.
The annual
event was held by the Ministry of Industry and Trade and the Hanoi People’s
Committee.
Hoa Binh sets up a booth to promote its products at the event.
These
businesses and cooperatives brought to the event various signature products,
such as Tan Lac red-flesh pomelo, solanum procumbens, sacha inchi, Cao Phong
orange, Luong Son organic vegetables, Kim Boi bamboo shoots, Da River fish. Hoa
Binh also inked five memoranda of understanding to set up distribution channels
between firms from the province and Hanoi.
Hanoi is the
hub for consumption and trade of Vietnamese products where companies meet and
bring the products to other parts of the country. Over years, the capital city
has implemented many cooperation programme and organised trade promotion events
with other cities and provinces, including Hoa Binh. Such effort has created
many opportunities for economic partnership to expand, develop production, take
advantage of provincial potential and strengthen distribution channels./.
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.
