(HBO) – The prolonged COVID-19 pandemic has adversely affected all socio-economic aspects, including the industrial sector. However, thanks to directions issued by all-level Party committees and administrations, appropriate solutions proposed by relevant agencies to address difficulties and facilitate production and business and, especially, local enterprises’ determination and adaptability, the industrial sector of Hoa Binh has managed to record growth, serving as an important driving force for the province’s socio-economic development.
Starting
manufacturing in February 2020, the ANTONA joint Stock Company, based in Luong
Son Industrial Park, has provided jobs for 60 people with monthly per capita
income of over 5 million VND (220 USD).
Hoa Binh currently accommodates more than 350
industrial production projects, over 60 percent which have become operational.
The province has paid attention to attracting
projects to the high technology, manufacturing, support, and construction
material industries, while prioritising the ones that are environmentally
friendly and efficiently use local materials. It is pushing ahead with
industrial restructuring by promoting spearhead industries and the sectors it
has advantages for. Besides, authorities are also encouraging the sectors
directly producing export items so as to improve their added value.
Speeding up the restructuring of industries,
craft industries, and the rural economy, localities in Hoa Binh are strongly
switching to manufacturing the products that the province has strength in,
forming concentrated production zones, and bolstering the transfer of production,
preservation, and processing technology.
Thanks to appropriate orientations and timely
mechanisms and policies, local industrial production has sustained fair growth.
Some key industries and the sectors Hoa Binh has comparative advantages for
have maintained growth and posted a surge in production output.
On an annual basis, the industry - construction
value has risen by 7.33 percent on average. Meanwhile, the industrial
production value has grown by 13.52 percent and the industrial production index
10.5 percent. The industrial structure has recorded a positive shift as seen in
the processing industry holding a larger proportion and mineral mining
shrinking gradually.
The recent achievements in industrial
development have provided an important driving force for departments, agencies,
and localities in Hoa Binh to perform the task set up in the resolution of the
17th provincial Party Congress: developing the industrial sector into a true
economic impulse that grows fast, sustainably, and effectively, promotes other
economic sectors, helps realise social goals, and raises the percentage of
industry - construction in the local economy to 54 percent by 2025./.
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.
