(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./.
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.