(HBO) - In the first quarter of 2023, the index of the industrial production in the province was estimated to increase by 10.67% compared to that of the same period last year. The value of the industrial production was estimated at 10,487.8 billion VND, increasing 9.03% compared to that of the same period last year.

Tien Tien industrial cluster (Hoa
Binh city) has been mobilized the resources to invest in the transport
infrastructure.
According to the assessment of
the functional sectors, the industrial sectors in the province are basically
stable and have a good growth rate, of which a number of key products of the
processing and manufacturing industry tend to increase compared with the same
period last year. They include beer, beverages of all kinds, electronic
products. The industry of electricity production and distribution has a stable
growth rate, ensuring to meet the electricity demand for production, business
and people's daily life. There is an increasing sign in the mining industry;
the value of the industry's production was estimated at 130.9 billion dongs,
increasing 10.2% compared to that of the same period last year.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.