(HBO) – Over the years, the Department of Industry and Trade of Hoa Binh has directed authorised agencies to keep a close watch on developments of the supply and demands of necessities, thus rolling out measures to ensure the sufficient volume of goods to meet the demands of locals.
AP
Plaza trade centre in Hoa Binh city has planned to reserve goods to meet the
demand of customers in the end of the year.
Besides, due to the effective control of
COVID-19 pandemic nationwide, trade activities in the province has expanded.
Tourism, catering, accommodation services and shopping demands increased over
the previous month. In November, the total retail and service revenue of the province
is estimated at 3.58 trillion VND, up 1.27 percent over October. In the first
11 months of 2020, the figure is estimated at over 33.9 billion VND, completing
89.98 percent of the yearly target.
Also in November, the prices of foods and
catering services, power and water supply, fuel, construction material,
equipment and household appliances, transportation have risen, leading to the rise
of 0.11 percent of consumer price index over the previous month.
According to the department, in order to in
order to stabilise the market in the end of the year and the Lunar New Year
2021, authorised agencies have issued documents directing supermarkets, trade
centres and major distribution facilities in the province to design their plans
to stockpile goods to ensure the supply of goods in shops and register to join
the market stabilisation programme./.
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.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
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