(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.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
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