Hau Giang has advantage of growing rice and fruit tree as well as rearing aquaculture. The province is famous for Phung Hiep Floating Market. From seven branches of Mekong River, hundreds boats join in floating market to sell various fruits and other things like other market.

The name 'Phung Hiep snake market' is well-known to foreign tourists. Visitors from over the world come to that market to taste snake liquor and to see the dangerous snake dance.