(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.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.