(HBO) – Hoa Binh’s export turnover has seen significant growth this year thanks to the province’s efforts to explore new foreign markets and maintain a strong foothold in traditional ones.
In 2018, Hoa Binh earned 616.15
million USD from exports, up 20.81 percent from the previous year and 1.01
percent higher than the yearly target.
Exports of goods totaled 557.1
million USD, a year on year increase of 21.75 percent and 1.07 percent higher
than the yearly goal while exports of services were valued at 39.05 million
USD, up 8.47 percent and 0.13 percent higher than the annual target.
This year, local firms have been actively
looking for new markets, exploring investment opportunities and accelerating
trade promotion activities. A number of enterprises have experienced high
growth with stable business performances, such as Esquel Garment Manufacturing
Vietnam – Hoa Binh and Seyoung Inc.
Workers
at Vietnam-Korea textile and garment company are striving to fulfill its export
orders.
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.
