(HBO) - Activities have been promoted around Hoa Binh province under the market stabilisation program and the "Vietnamese people give priority to using Vietnamese goods” campaign since the beginning of the year.
Trade and services have posted
relatively high growth, with an abundant supply of goods at reasonable prices meeting
the production and consumption needs of the market.
(Consumer purchasing power in the province increased
sharply in April, a positive sign for economic recovery and development.)
The total retail sales
of goods and services in the province in April was estimated at 7,750 billion
VND, up 3.33 percent compared to March. The figure for the first 4 months of the
year was estimated at 14,650 billion VND, up 15.03 percent over the same period
last year and representing 27.92 percent of the annual plan.
The CPI in April,
meanwhile, was estimated to have increased 0.21 percent month-on-month, with food
and catering services and tourism the main contributors. Rising gasoline prices
was behind the increase in a number of goods.
The Provincial People’s
Committee has focused on directing relevant departments, branches, and
localities to strengthen trade promotion and market management and create the conditions
needed to boost domestic trade and exports and maintain and improve the
efficiency of business links./.
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.
