(HBO) – According to a report from the Hoa Binh People’s Committee, in December last year, the provincial industrial production value was estimated at 2.83 trillion VND and the figure for the entire year, 32.52 trillion VND, surpassing the yearly target by 2.75 percent and increasing 15.6 percent year on year.

Apparel producer
Lac Thuy JSC creates jobs for 600 workers. (Photo: HBO reporter)
Hoa
Binh’s export and import values were calculated at more than 53.07 million USD
and 45.35 million USD in December 2018, up 0.31 and 07.2 percent from November,
respectively.
Last
year, the province’s overseas shipments reeled in a total of some 616.15
million USD, exceeding the yearly target by 1.01 percent and recording an
annual increase of 20.81 percent.
Meanwhile,
it spent 490.27 million USD on imports, 0.06 percent higher than the planned
figure and 14.55 percent up from 2017./.
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.