(HBO) - The provincial People’s Committee of Hoa Binh province has recently approved a project to develop local key farm produce during 2020-2025 with a vision until 2030, with a view to boosting local trade and enhancing exports.
Banana of Viba banana cooperative in Luong Son district’s Lien Son commune is recognised as a three-star OCOP product at the provincial level. The cooperative’s banana is cultivated under VietGAP standards, and it is striving to bring its banana to the world.
Accordingly, the province will develop its staples on the back of the fourth Industrial Revolution’s achievements, with focus placed on processing to improve their quality, added values, and competitive capacity. Besides, it will develop brands in tandem with environmental protection and sustainable development, and capitalise on free trade agreements, such as CPTPP and EVFTA, to expand markets.
The move aims to achieve an average export growth of key products by 18 percent during the 2021-2025 period, and 20 percent during 2026-2030.
Hoa Binh province targets 55 million USD from shipments of the products in 2025, and 137 million USD by 2030. The key agricultural products are envisaged to contribute 3.17 percent to the province’s total export revenue by 2025, and the figure will increase to 3.92 percent by 2030.
The products are expected to be shipped to traditional markets of Vietnam such as the US (accounting for 20 percent of total exports), the EU (25 percent), China (15 percent), Japan (10 percent) and the Republic of Korea (10 percent), and other markets (15 percent).
A wide range of measures have been outlined to achieve the set targets, with focus on trade promotion activities; policies to attract foreign investment to access state-of-the-art technologies and advanced management skills, and join the global value chains; application of cutting-edge cultivation methods; and development of efficient production models.
The provincial People’s Committee asked the Department of Industry and Trade to join hands with competent departments, sectors, and People’s Committees of districts and Hoa Binh city to work out mechanisms and policies to develop markets for agricultural products.
They are ordered to build brands and intellectual property as well as work to improve added-value chains for several agricultural products. Furthermore, they must carry out programmes to develop high-quality agriculture in line with planning to create abundant supply of raw materials, and products having competitive advantage for export./.
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.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
