(HBO) – Hoa Binh province’s gross regional domestic product (GRDP) grew by 16.1 percent in the first half of 2021, the highest in the past three years, the latest data from the provincial Statistics Office shows.
The provincial Statistics
Office announces socio-economic statistics in the first half of 2021.
The
industry and construction posted the highest growth of 32.22 percent during the
period, the office announced in a press conference on June 29.
The
agro-forestry-fishery sector; and services increased 3.57 percent and 5.51
percent, respectively.
As
many as 260 new businesses were established in the province in the first six
months of the year, registering total capital of about 6.48 trillion VND.
Total
retail sales of goods exceeded 4.69 trillion VND, a year-on-year increase of
9.18 percent.
The
office reported that the complexity of the COVID-19 pandemic since the
beginning of the year has taken heavy toll on business and production,
particularly in the fields of tourism and services. Disease outbreaks have also
hit local cattle farming, slowing the reproduction efforts.
The province has also been strengthening preventive measures against the
spread of COVID-19. About 28,200 doses of COVID-19 vaccine have been
administered to priority groups of people in Hoa Binh so far.
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.
