(HBO) – Hoa Binh earned more than 52.7 million USD from exports in August, an increase of 0.31 percent from the previous month.
The latest figure brought the province’s total export turnover in
the first eight months of 2018 to approximately 404.5 million USD, up 22.44
percent year-on-year and representing 66.31 percent of the yearly target.
The export of goods reached over 49.4 million USD this month,
raising the 8-month figure to more than 378.7 million USD, up 23.56 percent
year-on-year and equivalent to 66.33 percent of the yearly target. Meanwhile,
the export value of services was estimated at 3.31 million USD in August,
bringing the 8-month figure to 25.75 million USD, up 8.06 percent and
equivalent to 66.03 percent of the goal.
Transon Ltd., Co from the Republic
of Korea operates in Luong Son Industrial Park, Hoa Binh, providing jobs for
many local workers.
The province’s key export items included electronics, clothing and
agricultural products while its largest buyers were the United States, the
European Union, Russia, Japan, China and the Republic of Korea.
Hoa Binh’s imports in August amounted to nearly 43.14 million USD,
a rise of 3.23 percent from July. The aggregated amount for the first eight
months of the year came to over 311.5 million USD, up 12.74 percent
year-on-year and accounting for 63.57 percent of the yearly goal./.
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.
