(HBO) - From the beginning of the year until now, Hoa Binh City has well performed the management of commercial and service activities and encouraged the different economic sectors to invest in development, diversifying the services to meet the demands of production and consumption.
In July, the total retail sales of goods and service revenue of the city was estimated at 876.1 billion VND, increasing 24.78% compared to the same period in 2018. Specifically, the individual business households were estimated at 450.6 billion VND, increasing 26.4% compared to the same period and the enterprises were estimated at 425.5 billion VND, increasing 23.12% compared to the same period.
Also in this month, the production value of industry and handicraft (at the current price) is estimated at 372,722 billion VND, increasing 15.3% compared to the same period in 2018. In particular, the production value of the enterprises in the locality is estimated at 144,192 billion VND, increasing 20.07% compared to the same period. The production value of the individual production and business establishments reached 68,750 billion VND, increasing 14.1% compared to the same period and the production value of foreign-invested enterprises reached 159.78 billion VND, reaching 15.1% compared to the same.
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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