(HBO) – According to a report from the Hoa Binh People’s Committee, in December last year, the provincial industrial production value was estimated at 2.83 trillion VND and the figure for the entire year, 32.52 trillion VND, surpassing the yearly target by 2.75 percent and increasing 15.6 percent year on year.
Apparel producer
Lac Thuy JSC creates jobs for 600 workers. (Photo: HBO reporter)
Hoa
Binh’s export and import values were calculated at more than 53.07 million USD
and 45.35 million USD in December 2018, up 0.31 and 07.2 percent from November,
respectively.
Last
year, the province’s overseas shipments reeled in a total of some 616.15
million USD, exceeding the yearly target by 1.01 percent and recording an
annual increase of 20.81 percent.
Meanwhile,
it spent 490.27 million USD on imports, 0.06 percent higher than the planned
figure and 14.55 percent up from 2017./.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
