(HBO) – Vietnam in general and Hoa Binh province in particular have still sustained good exports growth although the COVID-19 pandemic has been developing complicatedly around the world and disrupted international trade, according to the provincial People’s Committee.
The Esquel Garment Manufacturing (Vietnam) Co. Ltd, based in Luong Son Industrial Park, has managed to concurrently fight against COVID-19 and maintain operations, thus substantially contributing to total export value of Hoa Binh province.
In November, the province recorded about 118.198 million USD in exports, up 5.77 percent month on month. The 11-month figure is estimated at almost 1.1 billion USD, up 34.22 percent year on year and equivalent to 89.84 percent of this year’s target.
Aside from traditional markets such as the US, Japan, China, the Republic of Korea, and the EU, Hoa Binh has also boosted shipments to some new markets.
Also in November, it imported 93.719 million USD worth of goods, up 10.17 percent from the previous month. The import turnover stood at around 877.927 million USD in 11 months, up 18.15 percent year on year and equivalent to 89.58 percent of the target for this year.
The province has been working hard to diversify export markets and capitalise on the domestic market, aiming to achieve annual exports and imports growth rates of 18 percent and 12 percent on average./.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
