(HBO) – Boasting huge potential to develop supporting industries, agricultural processing, clean agriculture as well as various kinds of tourism products, Hoa Binh province is seeking ways to provide its excellent products and services for the capital city of Hanoi and markets in the northern key economic region.
Hoa Binh province organises many fairs and festivals to introduce its standout products while supporting local firms and cooperatives to attend such events to expand markets and promote production connection.
One of the locality’s remarkable activities in boosting regional economic connectivity is to effectively carry out cooperation deals signed with neighbouring localities, particularly Hanoi, across the fields of industry, agriculture, trade, transport and natural resources.
The provincial Department of Agriculture and Rural Development has signed a myriad of Memoranda of Understanding on agricultural production and consumption, as well as quality control with other localities and partners, including an operation regulation with Hanoi’s Trade and Tourism Promotion Centre and Department of Agriculture and Rural Development, an MoU on agricultural product sales with several business groups and organisations, and an agreement on animal quarantine and slaughtering control, as well as safe vegetable production and consumption with Hanoi Department of Agriculture and Rural Development.
The province also paid due heed to expanding markets for local products. The provincial Department of Industry and Trade signed a comprehensive cooperation programme with the Departments of Industry and Trade of Hanoi and Ha Nam province. Since 2017, it has arranged a dozen trips for local firms to attend fairs and exhibitions in Hanoi, Ho Chi Minh City, and several provinces like Thua Thien – Hue, Hung Yen, Phu Yen, Quang Ninh, Ha Nam and Tien Giang.
Besides, competent departments and agencies have exchanged information and experience on the management and building of production models in value chain with other localities. Local businesses have receive the best conditions to popularize their products.
Thanks to concerted efforts to build brands and enhance trade promotion, local products have hit the shelves of big supermarkets like Big C Thang Long, Vinmart, Lotte, Hapro Mart, Co.opmart Hanoi and Saigon Co.op, among others.
Along with signing a tourism development programme during 2017-2020 with Son La, Dien Bien and Lao Cai provinces, Hoa Binh is working with Lai Chau, Dien Bien and Son La provinces to develop a waterway tourism route along the Da River, attracting visitors from Hanoi to visit tourism sites in Hoa Binh, Son La, and Lai Chau reservoirs.
Currently, it is preparing for the signing of a similar cooperation programme with Ho Chi Minh City, and working towards tourism cooperation with the Republic of Korea, Mongolia and Laos./.
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.