(HBO) – Enterprises in Hoa Binh, especially those in industrial parks (IPs), have swiftly re-started their production and businesses activities immediately after the Lunar New Year (Tet) festival, aiming to complete orders they signed with partners.
The move is hoped to
help promote a strong recovery and create breakthroughs in their operation the
coming time, thus contributing to the locality’s socio-economic
development.
Photo: In the first days of the lunar year, workers of the R Technical Research
Vietnam Co., Ltd in Hoa Binh city urgently resume their work, with the aim of
producing more new products.
The R Technical Research Vietnam Co., Ltd in Hoa Binh city has maintained two
working shifts at all of its lines every day.
The firm exported its first batches of products with a total value of more than
149,000 USD to Japan and Hong Kong (China) right at the first days the New
Year.
Mrs Dinh Thi Hoa - a worker of the company, said: "We hope that the company
will partner with more customers, and turn out more new products in 2022, thus
having more resources to maintain incomes and increase salary for its
employees.”
In 2021, despite severe difficulties caused by the COVID-19 pandemic, the
company’s revenue still reached 13 million USD, creating stable jobs for nearly
700 employees with a per capitamonthly income of about 7 million VND
(306.75 USD).
The company has taken many measures to expand its production and business
activities, and take better care of its employees in 2022. It planned to
develop 380 more products this year.
Busy working atmosphere is also recorded in many other enterprises in IPs on
theleft bank of Da River, and the Mong Hoa and Luong Son IPs.
With the strategy of flexible and safe adaptation to and effectivecontrol
of COVID-19, Coasia CM Vina JSC in the Luong Son IP has still maintained its
production stability.
Right after the Tet holiday, workers of the firm returned to work, helping the
business quickly recover its production activities.
Hoa Binh is home to nearly 4,200 businesses. Notably, 63 enterprises operating
in IPs have generated jobs for nearly 20,000 labourers.
The industrial production index of Hoa Binh in January 2022 was estimated to
increase by 34.73 percent compared to December 2021, and up 2.18 percent
year-on-year.
Additionally, the locality’s import – export activities also recorded
impressive results, with its export turnover hitting 126,083 million USD in the
first month of 2022, up 1.76 percent over December last year, and an increase
of 5.1 percent year-on-year.
The positive results are expected to help Hoa Binh realise its economic growth
target of at least 9 percent in 2022./.
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.