(HBO) – Authorities have reported a shortage of petrol supply in certain localities across the country recently. However, thanks to timely actions by relevant forces and the key businesses, fuel supply in Hoa Binh province has still been guaranteed.
A gas station of the Hoa Binh branch of the Vietnam National Petroleum Group (Petrolimex) on Cu Chinh Lan road in Dong Tien ward, Hoa Binh city, publicises new petrol prices.
From 3pm on February 11, petrol prices in Vietnam increased sharply to an eight-year high. Accordingly, prices of E5 RON 92 were raised by 980 VND per litre to the maximum of 24,570 VND per litre, RON 95 by 960 VND to 25,320 VND, diesel by 960 VND to 19,860 VND, kerosene by 960 VND to 18,750 VND, and mazut by 660 VND per kg to 17,650 VND per kg.
To prevent some gas stations from keeping fuel to wait for price hikes, which may lead to shortages, and to guarantee uninterrupted petrol supply for the local market, relevant forces from the province’s Department of Industry and Trade and market surveillance division have taken many measures, including setting up teams to examine fuel trading businesses.
Nguyen Ba Thuc, head of the market surveillance division, said the division issued Document No. 76/CQLTT-NVTH on January 31, 2022 to enhance management, carry out specific measures, make plans, and coordinate with relevant agencies to inspect fuel trading units so as to detect and deal with wrongdoings in a timely and stringent manner.
The Department of Industry and Trade also sent a document to the district-level People’s Committees, the market surveillance division, and fuel traders and distributors, asking them to ensure local gas stations’ timely and sufficient supply of all types of petrol for the market.
At present, there are 12 petrol distributing businesses with 178 outlets in Hoa Binh province. Among them, the Hoa Binh branch of Petrolimex holds the biggest market share, 50 - 55 percent. It is running 26 gas stations in all the 10 district-level localities in the province./.
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.
