(HBO) – According to the Hoa Binh Department of Finance, relevant agencies have kept a close eye on supply-demand and market prices, and taken measures to stabilise prices of necessities serving people’s demand so as to devise timely measures and avoid unreasonable hikes. Therefore, prices in districts and Hoa Binh city remain stable, especially of foodstuff.

Some firms in Hoa Binh province
engage in a programme to stabilise prices and increase consumption (Photo taken
at Vincom Plaza mall in Hoa Binh city).
In addition to petrol price hike, prices of
some agricultural materials like seeding and insecticides marginally increased,
so did those of necessities like vegetables, meat, fish and medical supplies
for COVID-19 prevention and control.
Business activities in markets in Hoa Binh
city was not as boisterous as previous months, while fresh food and vegetables
were not as abundant as that before Tet (Lunar New Year) holiday. Prolonged
cold weather delivered a heavy blow to agricultural production, and many
traders and shop owners contracted COVID-19, affecting the supply.
Besides, thousands of COVID-19 cases were
reported daily, and families had to quarantine, resulting in a surging demand
for food and medicine.
As COVID-19 and natural disasters are
forecast to be still unpredictable, and petrol prices are on the rise, relevant
agencies have been asked to closely work together in price management and
market stabilisation.
Vice Chairman of the provincial People’s
Committee Quach Tat Liem asked for stepping up communications, minimising
impacts of price hike, and avoiding rumours that affect the market.
Relevant agencies were urged to build a
programme to stabilise the market which requests distributors, wholesalers and
retailers to maintain prices of pork, as well as join hands with the
surveillance force to increase inspections on traders’ activities to prevent
speculation.
Together with price management in all
fields, the provincial People’s Committee asked for inspections of land
regulation implementation and land prices in particular so as to sustain the
real estate market and timely handle violations, and publicise information on
land planning and roadmap, among others.
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.
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.
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.
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 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.
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.