(HBO) – The northern mountainous province of Hoa Binh exported 791.9 million USD worth of goods and services in 2019, an increase of 24.48 percent from a year earlier, fulfilling the province’s yearly target.
The R Technical Research Vietnam contributes
largely to Hoa Binh’s total exports.
Exports of goods
reached 749.9 million USD, up 25.59 percent year on year while those of services grew 7.55 percent to 42 million USD. About 90.6
percent of the total export revenue was generated by FDI enterprises.
Among the
northern midland and mountainous provinces, Hoa Binh ranked fifth in exports
and sixth in exports per capita.
Last year, the
province has taken a number of measures to boost exports. For example, it has accelerated trade
promotions by organising many
trade fairs and exhibitions across the province. Local enterprises were
assisted to take part in trade fairs and
exhibitions both in the country and overseas to promote trade and promising exportstaples, such as processed
food, aquatic products and farm produce.
A number of the
province’s products have gained a stronger foothold on traditional markets like the EU, the US, the
Republic of Korea, Japan and China and make inroads into new markets.
Hoa Binh has made
efforts to attract investment, particularly foreign direct investment (FDI), to
expand production and increase the volume of goods for exports.
So far, the province
has had more than 30 exporters. The Asian region was the province’s largest market, accounting for 35.15
percent of the total exports, followed by the EU (15.47 percent), the North
America (15 percent) and the Eastern Europe (1.53 percent).
Local companies
have focused more on investing in e-commerce, personnel training, and official
websites to effectively attract customers and develop export markets./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
