(HBO) – The northern mountainous province of Hoa Binh's Customer Price Index (CPI) in August rose 0.62% compared to the previous month, and 1.19% year on year.
Supermarkets and shopping centres in Hoa Binh province always strive to provide a variety of products to meet consumer’s demands.
In the month, among 11 groups of goods and services, prices of four groups experienced increases, which are transportation (up 3.66%); food and beverage services (0.44%); housing, electricity, water, and construction materials (0.31%); garments, headwear and footwear (0.04%).
Only goods and services group saw a drop of 0.01% while prices of other remaining groups remained stable.
Also in August, the province’s total retail sales of goods reached nearly 960 billion VND (40 million USD), down 1.4% compared in July but up 6.06% year on year. Accumulated total retail sales of goods from the beginning of the year was estimated at 7.94 trillion VND (324 million USD, an increase of 28.22% over the same period last year.
Among them, some product groups saw high growth compared to the same period last year such as food and foodstuffs (36.46%); gasoline and petroleum (32.92%); and household utensils, tools, and equipment (28.14%).
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.
