(HBO) - According to the Hoa Binh Provincial People’s Committee, the province did not experience hike in prices of essential goods in February despite of the new coronavirus outbreak (COVID-19).

However, the complex developments of the outbreak has had substantial impact on local trade and services. Total retail sales of goods and services in the province last month were estimated at 2.75 trillion VND, down 12.42 percent from January, equivelant to 15.63 percent of the yearly plan.

The number of visitors to Vincom Shopping Mall in Hoa Binh city has declined in comparison to the time before the COVID-19 outbreak occurs.

The February Consumer Price Index (CPI) was down 0.12 percent month-on-month as people avoid shopping at crowded places. The number of visitors to local supermarkets, shopping malls and shops plunged 20 – 30 percent with 5 – 10 percent decrease in purchasing power. Weakening tourism and hospitality services are said to be hampering the province’s economic growth./.


Related Topics


The Program Organizing Committee informed the delegates about the potential and advantages of Hoa Binh

During the two days of November 14th – 15th, at the Provincial Cultural Palace, the Department of Industry and Trade organized a conference to connect the product consumption of the ethnic minorities and the mountainous areas in 2024. There was the attendance of the representatives of leaders of a number of departments, branches, businesses, manufacturers and distributors inside and outside the province.

OCOP programme transforms Lac Son’s rural economy

The One Commune One Product (OCOP) programme is reshaping the rural economy of Lac Son district, helping improve living standards, particularly among the ethnic minority communities in remote areas of Lac Son district.

Mai Chau district eyes turning Van Mai dam xanh fish into an OCOP product

The Van Mai dam xanh (Bangana lemassoni) fish has long been famous for its unique and delicious flavour, earning a spot on the menus of many restaurants and attracting food connoisseurs. In recent years, residents in Van Mai commune, Mai Chau district, have expanded their fish farming areas and striven to build a strong reputation for their product. They are also working to establish it as an OCOP (One Commune, One Product) item to increase their income.

Hoa Binh works to promote outstanding rural industrial products

Outstanding rural industrial products of Hoa Binh province in 2024 were recently honoured and granted certificates, becoming a source of pride for producers and also a boost for local economic development. The honourees are all deeply imbued with the local cultural identity and boast considerable commercial potential, helping popularise the image of Hoa Binh to domestic and international consumers. This is also a solid stepping stone for rural industrial establishments to develop.

Hoa Binh city effectively implements labour export tasks

In the first 10 months of 2024, Hoa Binh city made significant progress in job creation and labour exports, sending 112 workers abroad through partnerships with authorised recruitment firms.

Mai Chau’s bangana lemassoni fish receives official brand certification

An award ceremony to announce the official certification for Mai Chau district’s Bangana lemassoni fish, a specialty of the locality because of its unique flavour, was held recently in the district.