(HBO) – Some 74 projects have been landed at industrial parks in Hoa Binh province, 22 of which are foreign direct investment with (FDI) total registered capital of 438.41 million USD and 52 domestic ones worth more than 7.89 trillion VND.
By the end of Quarter 1, local enterprises generated
jobs for 16,144 labourers.
Photo: The Transon company of the Republic of Korea has created jobs for 1,000
workers.
In the first quarter of this year, businesses in
industrial parks earned over 2.479 trillion VND in revenue. They pocketed
103.59 million USD from export and contributed 31.58 billion VND to the state
budget. Some 16,144 labourers get employed at the firms.
The management board of the local industrial parks has joined hands with
relevant departments, branches and authorities to remove bottlenecks and
attract investment in the parks’ infrastructure. It also pays due attention to
trade promotion to lure high added value projects, contributing to the
province’s sustainable economic restructuring./.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
