(HBO) – Striving to maximise advantages brought about by free trade agreements so as to expand export markets, especially for high added-value products to markets that are on the course of prompt recovery after COVID-19, Hoa Binh posted positive results in exports-imports in the first quarter of 2022.
Export revenues hit 361.85 million USD in the
period, enjoying a year-on-year surge of 86.13 percent and reaching 25.18
percent of the year’s plan.
Photo: In the first three months, Esquel
Vietnam garment-textile company in Hoa Binh’s Luong Son industrial park strived
to restore production to contribute to the provincial export revenues.
Export turnover of electronic products was
estimated at 208.12 million USD, expanding 101.01 percent against the same
period last year and accounting for 57.5 percent of total revenues.
Garment-textile raked in 106.23 million USD in Q1, up 52.28 percent and making
up 29.35 percent.
It is worthy of note that the export of farm
produce also saw recovery, but only made up 5 percent in the total exports and
did not align with the province’s potential. Hoa Binh’s products were mainly
shipped to traditional markets of the US, Europe, China, the Republic of Korea,
Japan, Russia and ASEAN nations.
Also in the quarter, the province imported
goods worth nearly 272.47 million USD, rising 72.56 percent compared to the
same period last year and hitting 24.84 percent of the year’s plan./.
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.
