(HBO) – According to the Hoa Binh Department of Finance, relevant agencies have kept a close eye on supply-demand and market prices, and taken measures to stabilise prices of necessities serving people’s demand so as to devise timely measures and avoid unreasonable hikes. Therefore, prices in districts and Hoa Binh city remain stable, especially of foodstuff.
Some firms in Hoa Binh province
engage in a programme to stabilise prices and increase consumption (Photo taken
at Vincom Plaza mall in Hoa Binh city).
In addition to petrol price hike, prices of
some agricultural materials like seeding and insecticides marginally increased,
so did those of necessities like vegetables, meat, fish and medical supplies
for COVID-19 prevention and control.
Business activities in markets in Hoa Binh
city was not as boisterous as previous months, while fresh food and vegetables
were not as abundant as that before Tet (Lunar New Year) holiday. Prolonged
cold weather delivered a heavy blow to agricultural production, and many
traders and shop owners contracted COVID-19, affecting the supply.
Besides, thousands of COVID-19 cases were
reported daily, and families had to quarantine, resulting in a surging demand
for food and medicine.
As COVID-19 and natural disasters are
forecast to be still unpredictable, and petrol prices are on the rise, relevant
agencies have been asked to closely work together in price management and
market stabilisation.
Vice Chairman of the provincial People’s
Committee Quach Tat Liem asked for stepping up communications, minimising
impacts of price hike, and avoiding rumours that affect the market.
Relevant agencies were urged to build a
programme to stabilise the market which requests distributors, wholesalers and
retailers to maintain prices of pork, as well as join hands with the
surveillance force to increase inspections on traders’ activities to prevent
speculation.
Together with price management in all
fields, the provincial People’s Committee asked for inspections of land
regulation implementation and land prices in particular so as to sustain the
real estate market and timely handle violations, and publicise information on
land planning and roadmap, among others.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
"Behind every One Commune One Product (OCOP)-starred product lies a quietly operating support system: technical staff, experts, trade fairs, and e-commerce platforms. OCOP cannot go far without forward-looking policy support," affirmed Nguyen Huy Nhuan, Director of the Department of Agriculture and Environment of Hoa Binh province.
The economic landscape of Hoa Binh province continued its impressive upward trajectory through the first four months of 2025, according to a recent report from the provincial Department of Finance. The local authority has directed departments and sectors to keep close tabs on growth scenarios for each quarters and remove bottlenecks, striving to complete the set growth targets.
As part of efforts to restructure and accelerate the development of its industrial and handicraft sectors, Hoa Binh province is focusing on the development of industrial parks (IPs) and industrial clusters (ICs) with synchronous infrastructure to attract strong investment.
In recent times, Hoa Binh province has shown its determination and high sense of responsibility in seriously implementing the directives of the Party Central Committee and its Politburo and Secretariat regarding the streamlining of the political system’s organisational apparatus and the development of a two-level local administration system. The aim is to build a commune-level administration that is close to the people, attentive to their needs, and capable of quickly responding to the demands of both businesses and citizens, while also opening up new development spaces.
Over the past three years, the northern mountainous province of Hoa Binh has begun redefining its position on Vietnam’s service landscape with a series of distintive commercial models, from highland night markets, pedestrian-friendly streets, to logistics centres tied to local agricultural products.
