(HBO) - From the beginning of the year until now, Hoa Binh City has well performed the management of commercial and service activities and encouraged the different economic sectors to invest in development, diversifying the services to meet the demands of production and consumption.
In July, the total retail sales of goods and service revenue of the city was estimated at 876.1 billion VND, increasing 24.78% compared to the same period in 2018. Specifically, the individual business households were estimated at 450.6 billion VND, increasing 26.4% compared to the same period and the enterprises were estimated at 425.5 billion VND, increasing 23.12% compared to the same period.
Also in this month, the production value of industry and handicraft (at the current price) is estimated at 372,722 billion VND, increasing 15.3% compared to the same period in 2018. In particular, the production value of the enterprises in the locality is estimated at 144,192 billion VND, increasing 20.07% compared to the same period. The production value of the individual production and business establishments reached 68,750 billion VND, increasing 14.1% compared to the same period and the production value of foreign-invested enterprises reached 159.78 billion VND, reaching 15.1% compared to the same.
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.