(HBO) – According to the Hoa Binh People’s Committee, the COVID-19 pandemic is affecting trade exchanges between Vietnam and China in the first six months of 2020 as well as the supply of materials for production.
Midori Apparel Vietnam (Hoa Binh) at Luong Son industrial park
maintains stable production, contributing significantly to the provincial
export turnover.
In the second quarter, export activities face challenges when the pandemic remains complicated in the Europe, the US, and the Middle East. Countries are applying closure measures and restriction of traveling, which seriously affect the local trade activities.
In January-June, the local export turnover was estimated at over 371.9 million
USD, a year-on-year decline of 4.95 percent. Of this, exports reached 351.73
million USD, down 5.26 percent, while imports increased 0.96 percent to 301.7
million USD./.
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.
