(HBO) - In the first quarter of 2023, the province’s import and export turnover achieved the positive results. Accordingly, the export value was estimated at over $361.6 million, increasing 7.34% compared to that of the same period last year, equaling 21.34% of the year plan. In which, the group of electronic goods reached 195.6 million USD, increasng 3.76% compared to that of the same period last year; the group of textile and garment goods reached 114 million USD, increasing 11.77% compared to that of the same period last year.
The employees of Sankoh Vietnam Co., Ltd (Industrial Park on the Left Bank of Da River - Hoa Binh City) are making electronic components for export.
Also in the first quarter, the import value in the whole province was estimated at 283.3 million USD, increasing 8.5% compared to that of over the same period last year, equaling 25.82% of the year plan.
In the coming time, the Provincial People's Committee has directed to promote the investment attraction, focusing on removing the difficulties to strengthen the production and business activities of the enterprises in the industrial zones and clusters, especially the key enterprises in the field of export including garment, electronic components production... At the same time, it is necessary to encourage the enterprises to promote the application and diversification of e-commerce business methods, online purchase and sale; participating in domestic and foreign e-commerce exchanges to introduce and promote products, find partners, maintain and expand the market for the products in the locality.
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.
