According to the Department of Industry and Trade, Hoa Binh province, the total retail sales and service revenue for October 2024 is estimated at 6.358 trillion VND, an increase of 0.27% from the previous month and 17.31% year-over-year. The increase in total retail sales is attributed to the high demand for cultural, educational, and household goods, along with continued positive trends in accommodation, food and beverage services, and travel and tourism.
In 10 months of this year, the total retail sales of goods and consumer service revenue at current prices is estimated at 61.412 trillion VND, achieving 82.60% of the annual plan. The consumer price index decreased by 0.13% from the previous month, with an average increase of 1.85% over the 10 months. The main reason for the decrease is the weather, which saw frequent rain and cooler temperatures, especially at night, leading to a reduced demand for electricity and water.
In the year's final months, the Department of Industry and Trade will continue to implement measures to closely monitor market conditions, ensure an adequate supply of essential goods for the population, especially during holidays and Tet, and prevent shortages and price spikes.
Recently, the Standing Committee of Cao Phong District’s Youth Communist Union has actively directed the effective implementation of the models of collective economic development among youth, promoting the start-up movement among the youth, and helping each other develop the economy to get rich in their homeland.
Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.
The year-end is considered a "golden time" to stimulate trade and tourism. Various activities have been organised to seize positive market signals, enhance product branding, and drive socio-economic growth.
Hoa Binh Province currently has over 870
hectares of tea plantations, with six districts having concentrated tea
production areas that boast advantages in soil, climate, history, and
distinctive tea varieties: Yen Thuy, Lac Thuy, Da Bac, Mai Chau, Tan Lac, and
Luong Son.
Recently, Hoa Binh province has continued to review the planning of industrial parks up to 2030 and implemented procedures to prepare subdivision plans for industrial parks as per regulations.
Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.
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