(HBO) - Activities have been promoted around Hoa Binh province under the market stabilisation program and the "Vietnamese people give priority to using Vietnamese goods” campaign since the beginning of the year.
Trade and services have posted
relatively high growth, with an abundant supply of goods at reasonable prices meeting
the production and consumption needs of the market.
(Consumer purchasing power in the province increased
sharply in April, a positive sign for economic recovery and development.)
The total retail sales
of goods and services in the province in April was estimated at 7,750 billion
VND, up 3.33 percent compared to March. The figure for the first 4 months of the
year was estimated at 14,650 billion VND, up 15.03 percent over the same period
last year and representing 27.92 percent of the annual plan.
The CPI in April,
meanwhile, was estimated to have increased 0.21 percent month-on-month, with food
and catering services and tourism the main contributors. Rising gasoline prices
was behind the increase in a number of goods.
The Provincial People’s
Committee has focused on directing relevant departments, branches, and
localities to strengthen trade promotion and market management and create the conditions
needed to boost domestic trade and exports and maintain and improve the
efficiency of business links./.
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.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
In 2019, the "One Commune, One Product" (OCOP) programme took root in Yen Thuy district. At the time, local products lacked branding, packaging, and labels, mostly sold in raw form through small-scale distribution. However, amid these challenges was a crucial advantage: farmers' willingness to change, experiment with standardised processes, and learn to package and price products based on value, not just weight.
Once barely visible on the northern region’s tourism map, Hoa Binh province welcomed 4.3 million visitors last year, generating a tourism revenue of nearly 4.74 trillion VND (USD), according for 31% of its GDRP. Beyond mere statistics, the milestone demonstrates that tourism and services have become new growth engines for the locality.
