(HBO) – The Hoa Binh People’s Committee has held a conference to review the five-year socio-economic situation in 2016-2020 and define a five-year socio-economic development plan for 2021-2025.

Between 2016 and 2020, the average annual gross regional domestic product (GRDP) of the province has reached 9.15 percent. By 2020, agriculture, forestry and fishery sector is expected to account for 19 percent of the GRDP, industry-construction 47 percent, services 29.2 percent, and product taxes 4.8 percent.

Meanwhile, the per capita GRDP is expected to reach 64 million VND, State budget collection to come to 5 trillion VND, and the number of effectively operating businesses and cooperatives to amount to 2,470 businesses, doubling that of 2015.

The total export turnover will exceed 1.9 billion USD, 3.5 times over the figure in 2015. The rate of urbanisation will reach 25 percent, and 45 percent of communes along with three districts will be recognised as new rural areas. 

Participants agreed on the overall targets for the 2021-2025 period, with the province to mobilise all resources to promote rapid and sustainable economic growth, with industry being the driving force, tourism as the spearhead and agriculture moving towards commercial scale production. The material and spiritual life of people will be improved remarkably, and ethnic cultural identities preserved and developed.

The province will also enhance the management capacity and efficiency of authorities at all levels and proactively cope with climate change, make reasonable use of natural resources, well control environmental pollution, and ensure defence-security.

Hoa Binh will strive to become a middle-range province by 2025 with all economic indications and most social indices ranked in the middle-range group among all localities in the country.

Some specific targets for 2021-2025 are: average economic growth of 9.5-10 percent, per capita GRDP of about 100 million VND, and annual State budget collection increase of 17 percent. The total import-export turnover in 2025 is expected to rise by 3.5 times compared to 2020. The rate of urbanisation will surpass 35 percent./.

Related Topics

Waking Mai Chau up

(HBO) - Mai Chau is the only locality in the province that has identified the development of community tourism associated with the new rural construction as a theme throughout the two terms of district’s Party Congress. This shows the high political determination of the entire Party, government and people on the new development path, aiming to become a high-quality community tourism associated with the construction of the most typical new urban area in the whole province. After 10 years of turning determination into action, the desire to awaken Mai Chau is gradually realizing.

Hoa Binh applies hi-tech for boosting agricultural production

(HBO) - In 2019, Hoa Binh province’s Department of Agriculture and Rural Development and Department of Science and Technology joined hands in carrying out a number of projects which involve the application of advanced technology.

Nearly 201,800 dispersed trees and fruit trees of all kinds planted

(HBO) - In 2020, Hoa Binh province plans to plant 150,000 dispersed trees of all kinds and 5,650 ha of concentrated forests. To that end, right after the Lunar New Year, many agencies, units, schools, armed forces in districts and Hoa Binh city have actively responded to the New Year tree planting movement and the province’s afforestation plan in 2020.

Measures sought to improve investment and business environment, PCI

(HBO) - A meeting of the Steering Committee for improving investment and business environment and provincial competitiveness index (PCI) of Hoa Binh province was held on March 10 under the chair of Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh.

Provincial leader holds working session with Hoa Binh city’s authorities

(HBO) – Vice Secretary of the Hoa Binh provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh held a working session with leaders of Hoa Binh city on March 5 to review socio-economic performance during 2019 and the first two months of this year, and discuss key tasks for the near future.

Cao Phong district’s youth union launches youth month

(HBO) - The Ho Chi Minh Communist Youth Union (HCYU) of Cao Phong district in the northern province of Hoa Binh on May 5 launched the youth month under the theme of "Voluntary and creative young people for the community” in Hop Phong commune as part of activities to celebrate the 89th founding anniversary of the HCYU (March 26).