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Industry is considered the pillar and "backbone" of the economy that can lead to economic growth, according to the Politburo's Resolution No. 23-NQ/TW dated March 22, 2018 on orientations to building national industrial development policy until 2030, with a vision to 2045.
To make the industry truly the
pillar and driving force of the economy, Hoa Binh province has taken numerous
solutions over the past five years, including the issuance of supporting
policies that are relevant to the new period.
Based on an action programme developed by the Standing Board of the provincial
Party Committee, the provincial People's Committee has directed local
departments and sectors to issue plans and documents relating to six groups of
tasks and solutions such as restructuring and developing priority industries;
creating a favourable business and investment environment for industrial
development; issuing mechanisms and policies for expanding industrial
enterprises and industrial resources; policies for exploiting natural resources
and minerals and protecting the environment and adapting to climate change in
industrial development.
Thanks to the active and drastic direction of the provincial Party Committee
and People's Committee, progress has been made in terms of investment
attraction and its industrial sector, contributing to the locality’s economic
growth.
The industrial production value increased by 2.81% per year in the 2018 - 2022
period. The proportion of workers in the industry and service sectors rose from
33.85% in 2019 to 40% this year.
Attention has been paid to the planning and construction of industrial
infrastructure, creating favourable conditions for attracting industrial
projects. Currently, there are 16 planned industrial parks with a total area of
over 4,000ha.
No facilities that cause serious environmental pollution have so far been
reported in the locality.The rate of hazardous waste treated has reached
over 95%. A number of key industrial sectors have been formed, creating
motivation for development. Administrative and institutional reform and policy
mechanisms building have met the requirements of industrial development.
In order for the industry to develop properly and play a vital role in leading
other economic sectors, the province aims to lure investment in the industrial
sector towards improving productivity and quality, using less resources and
energy and becoming friendly to the environment.
Priority will be given to attract industrial projects producing key products to
effectively and competitively participate in the global value chain such as
projects involved in producing and manufacturing electronic components and
equipment; those with high intellectual content, creating great added value and
consuming less resources and energy or causing environmental pollution.
The province strives to achieve the goal that by 2025, the proportion of
industry-construction accounts for 54% of the economic structure and the
occupancy at industrial parks reached over 80%.
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.
