(HBO) – Hoa Binh earned more than 52.7 million USD from exports in August, an increase of 0.31 percent from the previous month.
The latest figure brought the province’s total export turnover in
the first eight months of 2018 to approximately 404.5 million USD, up 22.44
percent year-on-year and representing 66.31 percent of the yearly target.
The export of goods reached over 49.4 million USD this month,
raising the 8-month figure to more than 378.7 million USD, up 23.56 percent
year-on-year and equivalent to 66.33 percent of the yearly target. Meanwhile,
the export value of services was estimated at 3.31 million USD in August,
bringing the 8-month figure to 25.75 million USD, up 8.06 percent and
equivalent to 66.03 percent of the goal.

Transon Ltd., Co from the Republic
of Korea operates in Luong Son Industrial Park, Hoa Binh, providing jobs for
many local workers.
The province’s key export items included electronics, clothing and
agricultural products while its largest buyers were the United States, the
European Union, Russia, Japan, China and the Republic of Korea.
Hoa Binh’s imports in August amounted to nearly 43.14 million USD,
a rise of 3.23 percent from July. The aggregated amount for the first eight
months of the year came to over 311.5 million USD, up 12.74 percent
year-on-year and accounting for 63.57 percent of the yearly goal./.
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.