(HBO) – Hoa Binh’s export turnover has seen significant growth this year thanks to the province’s efforts to explore new foreign markets and maintain a strong foothold in traditional ones.
In 2018, Hoa Binh earned 616.15
million USD from exports, up 20.81 percent from the previous year and 1.01
percent higher than the yearly target.
Exports of goods totaled 557.1
million USD, a year on year increase of 21.75 percent and 1.07 percent higher
than the yearly goal while exports of services were valued at 39.05 million
USD, up 8.47 percent and 0.13 percent higher than the annual target.
This year, local firms have been actively
looking for new markets, exploring investment opportunities and accelerating
trade promotion activities. A number of enterprises have experienced high
growth with stable business performances, such as Esquel Garment Manufacturing
Vietnam – Hoa Binh and Seyoung Inc.

Workers
at Vietnam-Korea textile and garment company are striving to fulfill its export
orders.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.