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Currently, in Hoa Binh province, there are 14 enterprises, cooperatives and cooperative groups that have agricultural and forestry products exported. The whole province has 59 growing area codes and packaging facility codes issued for an area of over 600 hectares with plants: grapefruit, longan, banana, dragon fruit, melon, vegetables...
Processed bamboo shoot products of Kim Boi joint Stock Company, Lac Thuy district are produced to ensure EU food safety standards.
During the year, businesses, cooperatives and cooperative groups exported products with over 51,250 tons of agricultural products and nearly 85,730 m3 of forest products, with total revenue reaching 978.45 billion VND (an increase of 10.01% compared to 2022). Localities continue to expand raw material export services and the province has expanded to new and potential markets such as the UK, US, EU countries, and Canada.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
