Workers at R Technical Research Vietnam Co. Ltd. in Hoa Binh city operates production line of high quality optical lens for export.

Regarding opportunities for the province on the path of reaching the target, Pham Tien Dung, Director of the provincial Department of Industry and Trade, said that expanded markets thanks to new generation free trade agreements have helped improve the local investment and business environment.

Particularly, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), which took effect in 2019, have encouraged the inflows of foreign direct investment and helped businesses improve production capacity, he said.

Local firms in Hoa Binh have grasped the chances by investing more in enhancing their products’ quality, paving the way for sustainable growth in export.

Major imported products of Hoa Binh include materials, machines and equipment for production. The supporting industry of the province has also enjoyed expansion, said Dung.

Currently, Hoa Binh has 49 businesses engaging in import-export activities, 26 of which are foreign-invested companies and the remainders are joint ventures and domestic enterprises.

Asian countries, including China, Japan, the Republic of Korea, Singapore and Malaysia, are major export markets of the province, accounting for35.15 percent of its total export revenue, followed by the EU market with 15.47 percent, North America with 15 percent, Eastern Europe, 1.53 percent.

The province’s average export growth is 31 percent, pushing Hoa Binh to the fifth position among northern midland and mountainous provinces in export revenue and sixth in per capita export turnover, said Dung.

He said that in order to realize the goals set in the 16^th provincial Party Congress’s Resolution, the province will continue applying measures to promote export activities, including attracting moreinvestment; building, developing and protecting national brands and major products, and implementing international integration commitments of the country effectively.

At the same time, the province will work to connect local agro-aquatic production firms with exporters, while popularising the CPTPP and optimising signed free trade agreements.

Hoa Binh will also review production projects for export and remove obstacles facing them, thus ensuring goods for export, while developing the supporting industry to increase the localisation ratio in export products, added Dung./.

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Rich and Flavorful Honey of Dao Village

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.

Lac Thuy district prioritises resources for industrial, handicraft development

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.

Phu Thanh implements organic practices in tea production

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.

Hoa Binh works hard to accelerate progress of key projects

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 achieves record-breaking economic growth in Q1

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.

Hoa Binh focuses on building strong OCOP brands for sustainable growth

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.