HBO – By July 15, 2017, industrial parks in Hoa Binh province had attracted 69 projects, including 20 foreign direct investment (FDI) projects with a total registered capital of 421.59 million USD and 49 domestic ones worth 8.23 trillion VND (around 362.6 million USD). Among them, 43 have been put into operation.
In July, these enterprises earned
total revenue of 1.05 trillion VND (46.3 million USD), bringing the total
figure in the first seven months of 2017 to over 7.11 trillion VND (313.5
million USD), equivalent to 59.2 percent of the annual target.
Meanwhile, their total export
turnover was valued at 43 million USD in July and 282.78 million USD during the
January-July period, or 61.74 percent of the annual target.
The enterprises also contributed 15
billion VND to the State budget in the month. The total figure in the
January-July period was 103.5 billion VND, equivalent to 54.8 percent of the
set target.
Japanese wholly-invested Bandai
company generates jobs for hundreds of local workers.
At present, as many as 15,400 labourers
are working in the industrial zones. Enterprises in the industrial zones,
especially FDI firms, have been developing stably, contributing remarkably the
province’s export value and State budget, and generating jobs for local workers./.
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.
