(HBO) – Over the years, the Department of Industry and Trade of Hoa Binh has directed authorised agencies to keep a close watch on developments of the supply and demands of necessities, thus rolling out measures to ensure the sufficient volume of goods to meet the demands of locals.

AP Plaza trade centre in Hoa Binh city has planned to reserve goods to meet the demand of customers in the end of the year.

Besides, due to the effective control of COVID-19 pandemic nationwide, trade activities in the province has expanded. Tourism, catering, accommodation services and shopping demands increased over the previous month. In November, the total retail and service revenue of the province is estimated at 3.58 trillion VND, up 1.27 percent over October. In the first 11 months of 2020, the figure is estimated at over 33.9 billion VND, completing 89.98 percent of the yearly target.

Also in November, the prices of foods and catering services, power and water supply, fuel, construction material, equipment and household appliances, transportation have risen, leading to the rise of 0.11 percent of consumer price index over the previous month.

According to the department, in order to in order to stabilise the market in the end of the year and the Lunar New Year 2021, authorised agencies have issued documents directing supermarkets, trade centres and major distribution facilities in the province to design their plans to stockpile goods to ensure the supply of goods in shops and register to join the market stabilisation programme./.


Related Topics


Cao Phong District has been promoting the collective economic development among youth

Recently, the Standing Committee of Cao Phong District’s Youth Communist Union has actively directed the effective implementation of the models of collective economic development among youth, promoting the start-up movement among the youth, and helping each other develop the economy to get rich in their homeland.

Hoa Binh promotes goat farming

Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.

Hoa Binh leverages “golden time” to boost trade, tourism

The year-end is considered a "golden time" to stimulate trade and tourism. Various activities have been organised to seize positive market signals, enhance product branding, and drive socio-economic growth.

Hoa Binh province has over 870 hectares of tea plantations

Hoa Binh Province currently has over 870 hectares of tea plantations, with six districts having concentrated tea production areas that boast advantages in soil, climate, history, and distinctive tea varieties: Yen Thuy, Lac Thuy, Da Bac, Mai Chau, Tan Lac, and Luong Son.

The average occupancy rate of industrial parks of Hoa Binh province reached 31.25%

Recently, Hoa Binh province has continued to review the planning of industrial parks up to 2030 and implemented procedures to prepare subdivision plans for industrial parks as per regulations.

Hoa Binh promotes goat farming

Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.