(HBO) – The northern mountainous province of Hoa Binh's Customer Price Index (CPI) in August rose 0.62% compared to the previous month, and 1.19% year on year.
Supermarkets and shopping centres in Hoa Binh province always strive to provide a variety of products to meet consumer’s demands.
In the month, among 11 groups of goods and services, prices of four groups experienced increases, which are transportation (up 3.66%); food and beverage services (0.44%); housing, electricity, water, and construction materials (0.31%); garments, headwear and footwear (0.04%).
Only goods and services group saw a drop of 0.01% while prices of other remaining groups remained stable.
Also in August, the province’s total retail sales of goods reached nearly 960 billion VND (40 million USD), down 1.4% compared in July but up 6.06% year on year. Accumulated total retail sales of goods from the beginning of the year was estimated at 7.94 trillion VND (324 million USD, an increase of 28.22% over the same period last year.
Among them, some product groups saw high growth compared to the same period last year such as food and foodstuffs (36.46%); gasoline and petroleum (32.92%); and household utensils, tools, and equipment (28.14%).
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.
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