The Northern Region Industry and Trade Fair- Hoa Binh 2024 took place from October 14-20, featuring over 200 businesses with 250 booths from 30 northern provinces and several central and southern localities.
The event provided a platform for showcasing products, business models, and fostering trade connections.
With the theme "Hoa Binh: Integration and Development with the nation”, the fair aimed to promote trade, expand markets, and support the "Vietnamese people prioritise Vietnamese goods” campaign. More than 1,000 products were displayed, including prominent OCOP and rural industrial products, attracting significant attention from visitors and local businesses. The event also featured six nights of entertainment, further boosting its dynamic atmosphere.
According to Duong Quoc Thang, Deputy Director of the Department of Industry and Trade, the fair was a key opportunity for businesses to connect directly with consumers and distributors, fostering strategic business relationships.
With tens of thousands of visitors and total revenue reaching approximately 4 billion VND (157,000 USD), the fair was a success, contributing to the competitiveness and sustainable growth of the economy in the north.
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.
Hoa Binh city has marked a significant step in sustainable forest management as nearly 1,450 hectares of its plantation forests have been granted Forest Stewardship Council (FSC) certification, an international standard required to access major wood markets such as the EU, the US, and Japan.
Construction on the Xuan Thien Hoa Binh lime and light powder factory in Yen Bong commune, Lac Thuy district - a key project of Hoa Binh province - started on April 24.
Hoa Binh city is transitioning to modern and sustainable agriculture by leveraging its natural advantages to efficiently develop crop cultivation and animal husbandry. The city is applying scientific and technical advancements to farming, processing, and distribution while expanding export markets, significantly increasing production value and incomes for farmers.
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%.
