Export turnover in March of Hoa Binh province is estimated at 160.596 million USD, up 0.65% compared to the previous month; accumulated in the first quarter of 2024 reached 477,568 million USD, an increase of 36.39% over the same period, reaching 23.88% of the yearly plan.
Pacific Company Limited (Thong Nhat Ward, Hoa Binh City) is a foreign-invested enterprise that contributes significantly to the province's export value.
Import turnover in March is estimated at 114.714 million USD, up 1.83% over the previous month; accumulated in the first 3 months of the year reached 340,017 million USD, an increase of 20.02% over the same period, fulfilling 24.71% of the year plan.
In March 2024, the consumer price index of Hoa Binh province is estimated to increase by 0.3% compared to the previous month. The average consumer price index in the first quarter compared to the same period increased 2.28%. There were 9 product groups with price index increases, 1 product group decreased (apparel, hats, shoes decreased 0.09%). Other product groups are stable.
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.
