(HBO) – Vietnam in general and Hoa Binh province in particular have still sustained good exports growth although the COVID-19 pandemic has been developing complicatedly around the world and disrupted international trade, according to the provincial People’s Committee.
The Esquel Garment Manufacturing (Vietnam) Co. Ltd, based in Luong Son Industrial Park, has managed to concurrently fight against COVID-19 and maintain operations, thus substantially contributing to total export value of Hoa Binh province.
In November, the province recorded about 118.198 million USD in exports, up 5.77 percent month on month. The 11-month figure is estimated at almost 1.1 billion USD, up 34.22 percent year on year and equivalent to 89.84 percent of this year’s target.
Aside from traditional markets such as the US, Japan, China, the Republic of Korea, and the EU, Hoa Binh has also boosted shipments to some new markets.
Also in November, it imported 93.719 million USD worth of goods, up 10.17 percent from the previous month. The import turnover stood at around 877.927 million USD in 11 months, up 18.15 percent year on year and equivalent to 89.58 percent of the target for this year.
The province has been working hard to diversify export markets and capitalise on the domestic market, aiming to achieve annual exports and imports growth rates of 18 percent and 12 percent on average./.
Anyone found to be encroaching upon the forest, even if it is just one bamboo shoot, will face penalties. This commitment has been unanimously added into the covenant of Bua Cau hamlet, Hung Son commune in Kim Boi district, to protect the forest.
The Hoa Binh Power Corporation (PC Hoa Binh) has applied synchronous measures to gear up for the coming summer season when power consumption demand surge may cause a risk of power supply disruption.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
