Hoa Binh focuses on promoting production, business

4/27/2023 - 4:08:45 PM

(HBO) - In the first months of 2023, industrial enterprises in Hoa Binh province have maintained production and business activities with good growth rates.

Garment and textile industry contributes significantly to the province's export turnover. Photo taken at SMA Vina Vietnam-Korea Import-Export Garment joint Stock Company (Hoa Binh city).

Hoa Binh’s index of industrial production (IID) in the first quarter was estimated to increase by 0.5% year-on-year, in which the index of the mining industry rose by 3.57%; production and distribution of electricity, hot water, steam and air-conditioners 3.47%; and water supply, management and treatment of waste and wastewater 12.84%. In the contrary, the IID of the processing and manufacturing sector decreased by 3.45% year-on-year.

Total retail sales of goods and services are estimated at 16.11 trillion VND (686.3 million USD), equivalent to 25.98% of the yearly plan, up 12.9% year-on-year. Consumer price index as of March 2023 increased by 0.33% over the same period, mainly due to the rise in prices of food and foodstuffs, beverages, and garments.

Currently, there are 63 import-export enterprises in the province. Total export turnover in the period is estimated at 361.65 million USD, up 7.34% year-on-year, equal to 21.34% of the yearly plan. Specifically, the garment and textile sector earned an estimated 114 million USD, up 11.77% year-on-year, accounting for 31.52% of the province's total export revenue; while electronic products brought home about 195.6 million USD, up 3.76% over the same period, or 54.09%. Agricultural products held a low proportion in the export structure, with nearly 1%.

In order to promote production, business, and import and export activities, in the coming time, the province will continue to concertedly and effectively implement action programmes, schemes and plans of the provincial Party Committee on industrial, handicrafts, service and tourism development in the 2021-2025 period. It will mobilise all resources to perfect the technical infrastructure system, especially investing in completing traffic infrastructure to industrial zones and clusters; step up and renew investment promotion activities and call for investment in priority areas; and hold regular dialogues to remove difficulties and obstacles for investors and businesses.

Attention will be paid to supporting businesses to take advantage of signed free trade agreements (FTAs) to effectively exploit markets and boost exports; strengthening linkages with domestic enterprises in the production and export process; expanding export markets for citrus fruits, processed products and key export items of the province, with focus on ASEAN countries, the US, the European Union, Australia, the Republic of Korea, Thailand, Singapore and Indonesia; and attracting domestic and foreign enterprises to invest in logistics, and improve trade competitiveness in order to boost economic development./.

Six-month industrial production index estimated to rise 20%

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.

Exports exceeded 1.1 billion USD in 6 months

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 effectiveness of professional models of association and group in Tan Lac district

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.

Building the brand of Muong village clean food

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.

Hoa Binh ethnic farmers join forces through collective economic models

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 farming area codes: Key to bringing Hoa Binh farm produce to global market

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.