(HBO) – In the past three years, intra-provincial trade in the mountainous province of Hoa Binh has maintained stable growth momentum with the growth rate of total circulation of retail goods and services in the period of 2021 – 2023 reaching about 17.96%.
Shoppers at Winmart supermarket at Vincom Plaza in Dong Tien ward of Hoa Binh city.
The province’s commercial infrastructure system has developed rapidly with a strong shift from traditional trading method or wet markets to modern trading system (supermarkets, trade centres, convenience stores).
More and more major domestic retail names have presented in the province such as Vingroup, Dien May Xanh supermarket, FPT Shop digital retail system, and Media Mart. The percentage of Vietnamese goods in retail distribution systems and at traditional markets and convenience stores accounts for 60% or more.
Currently, the province has seven supermarkets, including AP Plaza, Winmart Hoa Binh, HC Hoa Binh, Phu Phat Thanh, and Vincom Plaza, among others.
Meanwhile, traditional market system has been upgraded, and renovated, especially in rural areas. The province has 95 markets, 180 petrol and oil stations, and 650 liquefied petroleum gas shops.
Abundant supply of goods, stable prices, market stabilisation programmes have contributed to stabilising the market in the province.
Besides, the project to develop the domestic market in association with the campaign "Vietnamese people give priority to using Vietnamese goods" and the programme to bring Vietnamese goods to rural, remote and isolated areas have continued to be promoted and received warm response from local people.
E-commerce has become an inevitable development integration trend in recent years. Many shops in the area, especially in Hoa Binh city and district centres have carried out online sales, electronic payment methods to help speed up payment and promote trade activities.
In 2022, the province developed and put into use an e-commerce trading platform at www.hoabinhtrade.gov.vn. The site is expected to introduce outstanding agricultural, forestry and aquatic products on e-commerce platforms, helping to promote the e-commerce development of local agricultural products.
The province has encouraged organisations and individuals to expand agricultural product consumption market through e-commerce applications while promoting the development of e-commerce transactions and non-cash payments in e-commerce transactions.
With the goal of developing trade in a professional and modern direction, contributing positively to the province's economic growth. Hoa Binh has made great efforts in implementing many solutions in an attempt to improve commercial infrastructure and meet increasingly diversified demand of production and consumption./.
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.
