According to the Department of Statistics of Hoa Binh Province, in January 2025, industrial production in the province changed positively. The province's industrial production index increased by 4.44% compared to December 2024, up 2.82% over the same period last year. Notably, the electricity production and distribution industry grew strongly, ensuring the demand for electricity during Tet.
Specifically, in January, Hoa Binh Province's electricity production output was estimated at 485 million kWh, up 54.76% over the previous month; the mining industry increased by 35.1% over the same period last year. The processing and manufacturing industry decreased by 6.3%, and the water supply industry increased by 4.58% over the same period last year.
In 2025, Hoa Binh province will continue to promote industrial restructuring, focusing on supporting industries. It will focus on restructuring linkage chains to serve industrial production. It will promote attracting investment projects in industrial parks and clusters. It will also strengthen industrial promotion, focusing on training and developing traditional handicrafts associated with tourist destinations and export production.
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.
