(HBO) - According to a socio-economic development report by the Hoa Binh provincial People's Committee, the province earned over 65.7 million USD from export in January, up 5.56 percent from December 2019 and 21.21 percent annually. Of the figure, more than 62 million USD was goods export, up 5.89 percent month-on-month and 22.06 percent year-on-year. Services export was estimated at 3.63 million USD, up 0.14 percent monthly and 8.36 percent annually.
Vincom supermarket in Dong Tien ward, Hoa Binh city supplies
a variety of goods to meet consumers’ demand.
Meanwhile, the province’s import value reached 53.1 million
USD, up 0.53 percent monthly and 16.93 percent annually.
Also in January, the total retail of goods and services hit
3.14 trillion VND, up 18.3 percent as compared to the previous month. The
consumer price index went up 1.02 percent from December 2019./.
Being located more than 10 km from the center of Hoa Binh city, Sen Vang Organic Farm is in Dong Chua hamlet, Thong Nhat ward. This is an ideal destination for those who want to immerse themselves in the nature and find the peace after the hustle and bustle of life. With an area of over 60 hectares, the farm is systematically planned, harmoniously combining the wild natural landscape and diverse experience areas. Sen Vang chrysanthemum tea is produced from organic, completely natural ingredients.
In 2024, Hoa Binh province witnessed signs of economic recovery, particularly in investment attraction. Notably, several projects are showing good progress, indicating that the vitality of businesses is positively correlated with the overall economic recovery.
The 25th Party congress of the Lac Thuy district for the 2020-2025 term identified the development of industry, trade, and services as its top priorities to drive the shift of the economic structure towards increasing the proportion of industry and services while reducing the that of agriculture, thus contributing to creating a motivation for socio-economic development in the locality.
Hoa Binh HKK Knitting Co. Ltd., located in the Hoa Binh Left Bank Industrial Zone, employs nearly 500 local workers with an average monthly salary of 8 million VND (3,150 USD).
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.