(HBO) – Striving to maximise advantages brought about by free trade agreements so as to expand export markets, especially for high added-value products to markets that are on the course of prompt recovery after COVID-19, Hoa Binh posted positive results in exports-imports in the first quarter of 2022.

Export revenues hit 361.85 million USD in the period, enjoying a year-on-year surge of 86.13 percent and reaching 25.18 percent of the year’s plan.


Photo: In the first three months, Esquel Vietnam garment-textile company in Hoa Binh’s Luong Son industrial park strived to restore production to contribute to the provincial export revenues.

Export turnover of electronic products was estimated at 208.12 million USD, expanding 101.01 percent against the same period last year and accounting for 57.5 percent of total revenues. Garment-textile raked in 106.23 million USD in Q1, up 52.28 percent and making up 29.35 percent.

It is worthy of note that the export of farm produce also saw recovery, but only made up 5 percent in the total exports and did not align with the province’s potential. Hoa Binh’s products were mainly shipped to traditional markets of the US, Europe, China, the Republic of Korea, Japan, Russia and ASEAN nations.

Also in the quarter, the province imported goods worth nearly 272.47 million USD, rising 72.56 percent compared to the same period last year and hitting 24.84 percent of the year’s plan./.



Related Topics


Farmer becomes better-off thanks to raising bamboo rats

After several unsuccessful attempts to raise pigs, buffaloes and cows, Nguyen Hong Minh who resides in Mui hamlet, Hoa Binh city’s Doc Lap commune decided to try breeding bamboo rat.

Hoa Binh creates best business environment for local firms

Chairman of the Hoa Binh People’s Committee Bui Van Khanh on February 2 held a Lunar New Year meeting with businesses, investors and cooperation in the locality. The event drew Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Bui Duc Hinh; Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong; representatives from the Vietnam Association of Small and Medium-Sized Enterprises and the Vietnam Association of Young Entrepreneurs; as well as leaders of local departments, sectors and localities and 200 local businesses, cooperatives and investors in the locality.

Hoa Binh works on boosting agricultural exports

Following the successes achieved in 2023, the local agricultural and rural development sector, localities and cooperatives are gearing up for first orders of the year, as part of their efforts to boost agricultural exports.

Enterprises resume operation after Tet holiday

Most workers at enterprises in the northern province of Hoa Binh have turned to work just one week after the Tet (Lunar New Year) holiday.

Hoa Binh ensures stable power supply for local production

The Hoa Binh Power Corporation (PC Hoa Binh) has directed its units to build plans as well as arrange resources to ensure stable electricity for local winter-spring crop production.

Exporting 40 tons of Bat Bao lotus porridge to Japan

On February 28, the Department of Agriculture and Rural Development of Hoa Binh province coordinated with Minh Trung Vietnam Group joint Stock Company, Hoa Binh branch in Luong Son industrial park, Luong Son district organized a ceremony to export Bat Bao lotus porridge to the Japanese.