(HBO) – Hoa Binh city’s industrial and handicraft production was estimated at 580 billion VND in February, an increase of 15.25 percent from the same period last year.
The figure includes 220.5 billion VND generated by local
manufacturers, up 12.9 percent year on year, and 254.5 billion VND by foreign
investors, up 17 percent. Household businesses contributed 105 billion VND to
the total production, up 20.6 percent.
In the first two months of 2020, the city’s industrial and
handicraft production was worth 1.738 billion VND, up 13.5 percent from a year
earlier.
After Ky Son district was merged into Hoa Binh city, the
city plans to focus on supporting business expansion to create jobs for local
people. It will prioritise developing industries it holds advantages in terms
of materials and market.
This year, the city sets to have the service sector accounting
for 48.5 percent of the local economy, followed by industry and construction
(44.2 percent), and agriculture, forestry and fisheries (7.3 percent)./.
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.