Export turnover in March of Hoa Binh province is estimated at 160.596 million USD, up 0.65% compared to the previous month; accumulated in the first quarter of 2024 reached 477,568 million USD, an increase of 36.39% over the same period, reaching 23.88% of the yearly plan.
Pacific Company Limited (Thong Nhat Ward, Hoa Binh City) is a foreign-invested enterprise that contributes significantly to the province's export value.
Import turnover in March is estimated at 114.714 million USD, up 1.83% over the previous month; accumulated in the first 3 months of the year reached 340,017 million USD, an increase of 20.02% over the same period, fulfilling 24.71% of the year plan.
In March 2024, the consumer price index of Hoa Binh province is estimated to increase by 0.3% compared to the previous month. The average consumer price index in the first quarter compared to the same period increased 2.28%. There were 9 product groups with price index increases, 1 product group decreased (apparel, hats, shoes decreased 0.09%). Other product groups are stable.
Recently, the Standing Committee of Cao Phong District’s Youth Communist Union has actively directed the effective implementation of the models of collective economic development among youth, promoting the start-up movement among the youth, and helping each other develop the economy to get rich in their homeland.
Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.
The year-end is considered a "golden time" to stimulate trade and tourism. Various activities have been organised to seize positive market signals, enhance product branding, and drive socio-economic growth.
Hoa Binh Province currently has over 870
hectares of tea plantations, with six districts having concentrated tea
production areas that boast advantages in soil, climate, history, and
distinctive tea varieties: Yen Thuy, Lac Thuy, Da Bac, Mai Chau, Tan Lac, and
Luong Son.
Recently, Hoa Binh province has continued to review the planning of industrial parks up to 2030 and implemented procedures to prepare subdivision plans for industrial parks as per regulations.
Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.
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