(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./.
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).
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.
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.
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.
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.
