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.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
