Export turnover in March of Hoa Binh province is estimated at 160.596 million USD, up 0.65% compared to the previous month; accumulated in the first quarter of 2024 reached 477,568 million USD, an increase of 36.39% over the same period, reaching 23.88% of the yearly plan.
Pacific Company Limited (Thong Nhat Ward, Hoa Binh City) is a foreign-invested enterprise that contributes significantly to the province's export value.
Import turnover in March is estimated at 114.714 million USD, up 1.83% over the previous month; accumulated in the first 3 months of the year reached 340,017 million USD, an increase of 20.02% over the same period, fulfilling 24.71% of the year plan.
In March 2024, the consumer price index of Hoa Binh province is estimated to increase by 0.3% compared to the previous month. The average consumer price index in the first quarter compared to the same period increased 2.28%. There were 9 product groups with price index increases, 1 product group decreased (apparel, hats, shoes decreased 0.09%). Other product groups are stable.
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.
