(HBO) – Over the years, the Department of Industry and Trade of Hoa Binh has directed authorised agencies to keep a close watch on developments of the supply and demands of necessities, thus rolling out measures to ensure the sufficient volume of goods to meet the demands of locals.
AP
Plaza trade centre in Hoa Binh city has planned to reserve goods to meet the
demand of customers in the end of the year.
Besides, due to the effective control of
COVID-19 pandemic nationwide, trade activities in the province has expanded.
Tourism, catering, accommodation services and shopping demands increased over
the previous month. In November, the total retail and service revenue of the province
is estimated at 3.58 trillion VND, up 1.27 percent over October. In the first
11 months of 2020, the figure is estimated at over 33.9 billion VND, completing
89.98 percent of the yearly target.
Also in November, the prices of foods and
catering services, power and water supply, fuel, construction material,
equipment and household appliances, transportation have risen, leading to the rise
of 0.11 percent of consumer price index over the previous month.
According to the department, in order to in
order to stabilise the market in the end of the year and the Lunar New Year
2021, authorised agencies have issued documents directing supermarkets, trade
centres and major distribution facilities in the province to design their plans
to stockpile goods to ensure the supply of goods in shops and register to join
the market stabilisation programme./.
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.
.jpg)
