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.
No success is easy, especially for a mountainous province like Hoa Binh, which still faces many difficulties. In the process of economic restructuring, the locality encounters various challenges, ranging from weak infrastructure, ineffective investment attraction, to barriers in awareness. However, it has taken effective solutions to overcome obstacles hindering economic development.
A revolution is unfolding in Hoa Binh province, with broad roads stretching across the terrain, industrial zones humming with machinery, organic vegetable fields rolling out in vibrant green expanses, and tourism destinations emerging, rich with cultural identity.
The Youth Union of Hoa Binh city has launched a series of initiatives to foster entrepreneurship, providing members with opportunities to showcase their potential and contribute to local development.
In recent years, the cooperative economy in Hoa Binh province has made significant progress, particularly in the agricultural sector. This development has contributed not only to local economic growth but also to improving livelihoods, promoting rural development, and protecting the environment.
