The R Technical Research Vietnam contributes largely to Hoa Binh’s total exports.

Exports of goods reached 749.9 million USD, up 25.59 percent year on year while those of services grew 7.55 percent to 42 million USD. About 90.6 percent of the total export revenue was generated by FDI enterprises.

Among the northern midland and mountainous provinces, Hoa Binh ranked fifth in exports and sixth in exports per capita.

Last year, the province has taken a number of measures to boost exports. For example, it has accelerated trade promotions by organising many trade fairs and exhibitions across the province. Local enterprises were assisted to take part in trade fairs and exhibitions both in the country and overseas to promote trade and promising exportstaples, such as processed food, aquatic products and farm produce.

A number of the province’s products have gained a stronger foothold on traditional markets like the EU, the US, the Republic of Korea, Japan and China and make inroads into new markets.

Hoa Binh has made efforts to attract investment, particularly foreign direct investment (FDI), to expand production and increase the volume of goods for exports.

So far, the province has had more than 30 exporters. The Asian region was the province’s largest market, accounting for 35.15 percent of the total exports, followed by the EU (15.47 percent), the North America (15 percent) and the Eastern Europe (1.53 percent).

Local companies have focused more on investing in e-commerce, personnel training, and official websites to effectively attract customers and develop export markets./.

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1.5 tonnes of fries released to regenerate aquatic resources in Hoa Binh Lake

The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).

The special attraction of the 2nd Fish and Shrimp Festival of Da River, 2024

Hoa Binh leader meets Indian Ambassador

On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.

Conference looks to promote Hoa Binh – India cooperation

Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.

Cao Phong promotes great national unity strength in building new life

In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.

Yen Thuy moves to boost export of shallot products

From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.