Hoa Binh expects breakthrough surge in export turnoverv

3/12/2019 - 2:27:37 PM

HBO - Hoa Binh newspaper has an exclusive interview with Pham Tien Dung, Director of the provincial Department of Industry and Trade, on the sector’s efforts to create a breakthrough in the province’s exports this year.

Viet-Han garment join stock company in Hoa Binh steps up production to meet deadlines for orders from foreign partners.

Reporter: Could you please point out advantages that will help Hoa Binh achieve its export targets set for 2019?

Mr. Pham Tien Dung: In 2018, Hoa Binh’s import-export turnover exceeded 1.1 billion USD. Last year, the province focused on exporting processed and manufactured products. Its export markets were expanded thanks to opportunities brought about by new-generation free trade agreements. The local business climate was improved significantly. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect in early 2019 and the EU-Vietnam Free Trade Agreement (EVFTA) is expected to follow suit later this year, creating a magnet for foreign direct investment and giving a boost to production businesses.

Viet-Han garment join stock company in Hoa Binh steps up production to meet deadlines for orders from foreign partners.

Reporter: What steps the industry and trade sector has taken to kick-start the year?

Mr. Pham Tien Dung: Hoa Binh province plans to raise its import-export value to over 1.4 billion USD this year, of which exports are expected to contribute 790 million USD.

The province’s export earnings in February reached 53.7 million USD, bringing the total amount in the first two months of the year to 107.9 million USD, up 15.02 percent from the same period last year and equivalent to 13.66 percent of the annual target. Key foreign currency earners included electronic products, garments-textiles, metal and compressed wood panels. Local firms are tending to invest more in improving product quality to achieve sustainable export growth.

Reporter: What is the focus of the trade and industry sector this year?

Mr. Pham Tien Dung: The trade and industry sector will focus on reforming administrative procedures, attracting investment, stepping up the building and development and registration of national trademarks and key export staples, and implementing Vietnam’s international integration commitments. The sector will also increase trade promotion activities and introduce agricultural products in potential markets, capitalize on signed free trade agreements, and remove hurdles to facilitate local enterprises and projects.

Reporter: Thank you!

Hoa Binh on track to exceed socio-economic targets

Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh chaired the regular October meeting of the provincial People's Committee to review 2024 socio-economic performance.

Hoa Binh makes efforts to develop infrastructure in industrial clusters

Taking advantage of favourable weather conditions, constructor is speeding up the construction of technical infrastructure at Tien Tien industrial cluster in Quang Tien commune of Hoa Binh city. So far, the construction of important infrastructure works in the industrial cluster such as the operation office, wastewater treatment plant, power supply system, clean water supply system, fire prevention and fighting system, rainwater drainage system, and internal traffic roads has been completed.

Banks offer credit support to victims of typhoon Yagi

Numerous credit solutions have been implemented by local banks in Hoa Binh province to support individuals and businesses affected by Typhoon Yagi. These measures include debt rescheduling, providing in-depth financial advice, and offering interest rate reductions based on the extent of damages.

Party member brings Muong Vang turmeric starch far and wide

Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.

Fair to display and introduce typical products of ethnic minority and mountainous areas

In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.

Farmers enjoy good harvest, good prices of Cao Phong orange

Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.