(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.
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.
