(HBO) – The Lunar New Year (Tet) festival is nearing, and it is also the time when essential goods for Tet are in great demand. Given this, the Hoa Binh provincial People’s Committee has ordered relevant agencies to augment price management, governance, and stabilisation efforts before, during, and after the 2023 Tet holiday.
To meet high demand during Tet, supermarkets and trade centres in Hoa Binh city
have increased the supply of essential goods.
The provincial Department of Industry and Trade
said to meet growing demand for essential goods during Tet, it has requested
local trading businesses to boost stockpiling to ensure sufficient supply of
quality products with reasonable prices.
Tran Trung Hieu, head of the department’s trade
management division, said the office has devised a loan provision plan to help
businesses stockpile essential goods to stabilise the market before, during,
and after Tet. It has also called on enterprises to expand their distribution
networks to residential areas, industrial parks, and remote areas to improve
local residents’ access to goods with stable prices.
Besides, to guarantee farm produce and food
supply, the Department of Agriculture and Rural Development has coordinated
with district-level authorities and sectors to keep a close watch on the
production, weather, and disease situations; give instructions on farming and
harvesting activities; and step up food safety inspection at production
workshops, business establishments, and households.
Meanwhile, to ensure sufficient goods supply,
the provincial People’s Committee has ordered relevant sectors and
district-level administrations to increase management and examination of the
compliance to legal regulations on prices, taxes, fees, and charges at local
organisations, enterprises, and business households, especially those producing
and trading essential goods and services, and input materials.
It has also demanded authorities to grasp
changes in supply, demand, and prices, particularly in populous areas, to
present any attempt abusing surging demand in the year-end period and Tet to
unreasonably hike prices. Agencies and localities have also been asked to
create conditions for organisations, enterprises, and business households to
hold trade promotion and consumption stimulation programmes; facilitate the
flow of goods; and proactively propose price stabilisation measures when
necessary to maintain market stability./.
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.
