(HBO) – Hoa Binh’s industrial production index was estimated to increase by 23.35% in February against January and 39.07% compared with February 2022.
Sankoh Vietnam Co., Ltd in Hoa Binh
City specialising in manufacturing electronic components greatly contributes to
the export value of the province.
Specifically, the mining industry saw an estimated increase of
8.26%, and processing and manufacturing 15.52%. Electricity, gas, hot water,
steam, and air-conditioning production and distribution grew by about 33.71%.
The water supply, wastewater, and waste management and treatment sectors saw
their indexes decrease by 12.92%.
The overall index of the first two months posted a year-on-year
increase of 4.71%.
Also in February, the local export value neared 120.35 million
USD, up 4.66% against the previous month, up 5.51% compared with the same
period last year, and reached 13.88% of this year’s plan.
Its import turnover was estimated at 94.924 million USD, growing
3.46% against the previous month, 8.01% compared to the same period last year,
and accounting for 17.02% of this year’s plan./.
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.
