(HBO) – The northern mountainous province of Hoa Binh exported 791.9 million USD worth of goods and services in 2019, an increase of 24.48 percent from a year earlier, fulfilling the province’s yearly target.
The R Technical Research Vietnam contributes
largely to Hoa Binh’s total exports.
Exports of goods
reached 749.9 million USD, up 25.59 percent year on year while those of services grew 7.55 percent to 42 million USD. About 90.6
percent of the total export revenue was generated by FDI enterprises.
Among the
northern midland and mountainous provinces, Hoa Binh ranked fifth in exports
and sixth in exports per capita.
Last year, the
province has taken a number of measures to boost exports. For example, it has accelerated trade
promotions by organising many
trade fairs and exhibitions across the province. Local enterprises were
assisted to take part in trade fairs and
exhibitions both in the country and overseas to promote trade and promising exportstaples, such as processed
food, aquatic products and farm produce.
A number of the
province’s products have gained a stronger foothold on traditional markets like the EU, the US, the
Republic of Korea, Japan and China and make inroads into new markets.
Hoa Binh has made
efforts to attract investment, particularly foreign direct investment (FDI), to
expand production and increase the volume of goods for exports.
So far, the province
has had more than 30 exporters. The Asian region was the province’s largest market, accounting for 35.15
percent of the total exports, followed by the EU (15.47 percent), the North
America (15 percent) and the Eastern Europe (1.53 percent).
Local companies
have focused more on investing in e-commerce, personnel training, and official
websites to effectively attract customers and develop export markets./.
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.