The Vietnamese government introduced two key resolutions on January 1 aimed at bolstering economic growth in 2019.
Vietnam aims for growth of 6.6-6.8% in 2019.
Resolution 01 concerns measures to implement the socio-economic
plan and budget for 2019, while Resolution 02 deals with continued actions to
improve the business environment in 2019 with a view to 2021.
The overall goals for this year will
continue to be maintaining macroeconomic stability, curbing inflation,
enhancing labour productivity and improving the competitiveness of the economy.
Under Resolution 01, the government has
outlined a number of focuses, including enhancing economic resilience, building
a lean and efficient apparatus and simplifying administrative procedures, among
others.
Meanwhile the goals of Resolution 02 are
to improve Vietnam’s position regarding international rankings on competitiveness,
increase the number of new businesses, and reduce informal costs for
enterprises.
To achieve such targets, the government
aims to continue cutting unnecessary business regulations, fully implement the
reforms already introduced in 2018, and further support innovations and
start-up businesses.
Last year the Vietnamese economy
expanded by an estimated 7.08%, the highest growth rate in 11 years, thanks to
buoyant manufacturing activity and strong exports.
For 2019 the National Assembly has set the economic
growth target at 6.6-6.8%.
Source: NDO
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.
