(HBO) – Hoa Binh province holds strength in exports, especially key farm produce. In recent years, the provincial Party Committee and People’s Committee have issued a number of documents, policies and mechanisms to improve competitiveness of exports. During 2016-2020, the average export growth was stable. The structure of exports switched to high-tech manufacturing and processing with expanded markets, contributing to local economic development.

Hong Gia Bao JSC in Dong Lai commune, Tan Lac district produces wood chips for export, helping create jobs and provide stable income for local workers.

In order to tap local potential to boost exports, the standing board of the provincial Party Committee issued Conclusion No.12-KL/TU on the improvement of competitiveness for Hoa Binh’s exports for the 2016-2020 period with orientations to 2030. On such basis, the provincial People’s Committee issued decisions approving a scheme on improving competitiveness of Hoa Binh’s exports for 2016-2020 with orientations to 2030 and another on developing key farm produce in value chain to ensure food safety for 2018-2020 with orientations to 2025, a scheme on local science-technology development for 2016-2020 with orientations to 2030. The provincial People’s Committee also decided to issue a policy to assist firms in sci-tech development, approve the 2018-2020 intellectual property development programme along with economic development plans.

Over the past years, together with the planning of technical infrastructure in industrial parks to draw investment, the provincial Party Committee and People’s Committee directed raising exporters’ awareness of goods standards, intellectual property protection, and trademark marketing for farm produce of strength.

Director of the provincial Department of Industry and Trade Pham Tien Dung said over the past five years, the number of local firms majoring in production and export-import has increased in terms of volume and scale. The province is now home to 49 companies involved in export-import, up 40 percent from 2015. With its complete infrastructure, the Luong Son IP has drawn a number of exporters and foreign-invested enterprises operating in electronics, steel and apparel. Foreign firms’ export accounts for the lion's share of the province’s total shipments. The locality is seeing huge opportunities to boost exports when Vietnam has joined new-generation free trade agreements, especially the European Union – Vietnam Free Trade Agreement (EVFTA) that took effect on August 1. The trade war and COVID-19 pandemic have also hit the country’s economy, including Hoa Binh’s, particularly in industry and export. But with drastic directions of the Government, ministries and agencies as well as relief packages, the local exports-imports grew stably again.

Hong Gia Bao JSC in Dong Lai commune, Tan Lac district working in wood processing, including producing wood chips for export, has generated jobs to 100 workers with a monthly income of 6-8 million VND per person. Its manager Nguyen Tien Dung said due to COVID-19 pandemic last year, the company’s turnover slumped. Therefore, the company actively sought consumers and suppliers of input materials. This year, it will expand production and trade, and build a plywood factory to better meet demand.

In addition to wood production and processing, the company also engages in a joint venture with a Korean enterprise to build a knitting factory in Thanh Hoi commune to diversify and further improve the quality of exports. The first phase of construction will be from the first to the third quarter of this year. Once completed, it is expected to install 700 knitting machines and attract about 500 workers.

The province has also strengthened trade promotion activities at home, and helped firms expand consumption. At the same time, it also invited local firms to supply-demand connectivity conferences, trade expos in cities and provinces to seek markets. The locality also launched 59 food production and consumption chains, paid attention to evaluating market potential and partners, and worked with ministries, agencies and localities to popularise its strengths.

Additionally, sci-tech application in production and processing is considered one of the factors to enhance productivity and product quality, thereby improving competitiveness of exports. The province has had one national project and seven projects under a programme to support technological application and transfer for the sake of socio-economic development in rural and mountainous areas.

Special attention was also paid to intellectual property ownership, geographical indication and trademarks. The province successfully registered intellectual property rights for 15 collective trademarks and seven brands of farm produce and traditional specialties./.

 


Related Topics


Yen Tri commune plans to turn medicinal herbs into OCOP products

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.

Hoa Binh promotes overseas, domestic employment opportunities

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.

Department of Home Affairs, Hoa Binh city top PAR, SIPAS indices

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.

Mai Chau district expands farming of Dam Xanh fish

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.

Hoa Binh province: The total state budget revenue in 2024 is estimated at approximately VND 6,930 billion

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.

Hoa Binh province - prosperity attracting investment

In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.