(HBO) - According to the evaluation report of the provincial People's Committee, since early this year, the industrial production in the province has maintained a fairly good growth rate. The industrial production index in the past nine months is estimated to increase by 10.36% over the same period last year. The industrial output value is estimated at 23,780 billion VND, increasing by 15.5% in comparison with the same period last year, equal to 75.1% of the plan of this year.
Bandai Vietnam Limited Company (at the Left Bank
Industrial Zone of Da River) creates jobs for hundreds of local workers.
The key sectors and products of the industry
have good growth rate. In particular, the processing industry continues to have
the highest growth rate (all sectors have increased from 5.8% to 35.1% over the
same period) due to the stable price of input materials, favorable for
manufacturing. Electricity production, distribution, water supply and waste
water treatment have been growing steadily (compared with the same period last
year, electricity production increased 6.5%, electricity production increased 5.7%).
Particularly, output of mining products continued to decrease significantly
compared to the same period last year due to difficulties in exploitation
procedures.
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.