(HBO) – In the recent past, the Hoa Binh provincial People’s Committee has ordered relevant departments and sectors to keep a close watch on the market situation and take measures to ensure supply - demand balance and stabilise prices of essential goods so as to meet people’s demand.
The Vincom Plaza shopping centre
in Hoa Binh city has ensured sufficient supply of goods to meet consumers’
demand.
In November, trading activities in Hoa Binh
province were kept stable. The retail sales of goods and service revenue in the
month was estimated at 3.885 trillion VND (169.4 million USD), up 0.52 percent
from October. The 11-month figure stood at 40.547 trillion VND, equivalent to
91.19 percent of this year’s target.
Meanwhile, the consumer price index (CPI) in
November rose by some 0.31 percent month on month as a result of higher prices
of education, electricity, water, fuel, and construction materials.
Relevant sectors in the province are working on
a plan to stabilise the market during the New Year and Lunar New Year holidays.
They are also pushing ahead with measures to ensure sufficient supply of
essential goods in the face of the COVID-19 pandemic./.
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.
