(HBO) - Given complicated developments of COVID-19 across the country, the Hoa Binh People's Committee has directed relevant sectors to strengthen the monitoring of supply and demand and commodity prices in order to keep market prices stable, especially the prices of essential goods, serving people's needs and preventing unreasonable price hikes.
Commercial centers and supermarkets have always ensured the supply of goods to serve consumers’ demand. (Photo taken at the Vincom Plaza shopping center in Hoa Binh City).
Accordingly, commercial activities in the province have maintained stable development. Total retail sales of goods and services in August were estimated at 3,630 billion VND (nearly 159.5 million USD), pushing the figure for the January-August period to 28,975 billion VND, up 15.8 percent on-year and fulfilling 65.16 percent of the yearly plan.
Also in August, the local consumer price index was estimated to increase slightly by 0.05 percent compared to the previous month. Currently, the provincial People's Committee is directing departments, branches and localities to focus on implementing solutions to ensure the balance of market supply and demand, and stocking up on commodity to maintain stable goods prices in the remaining months of the year, especially given unpredictable developments of the pandemic./.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
