(HBO) - According to a report of the Department of Statistics, by the end of May 2023, the state budget revenue in the province is estimated at 1,636,205 million VND, decreasing 8.72% compared to that of the same period last year.
In which, the domestic revenue is estimated at
1,544,069 million VND, decreasing 6.05% compared to that of the same period
last year; the import-export income is estimated at 92,136 million VND,
decreasing 48.86% compared to that of the same period last year.
In addition, the estimated local budget revenue
reached 9,117,445 million VND, increasing 46.95% compared to that of the same
period last year, which equals to 46% of the estimate assigned by the
Government and 42 % of the target assigned by the Provincial People's Council.
In which, the regulatory revenue entitled according to decentralization is
1,439,468 million VND; the balanced additional revenue from the central budget
is 3,228,153 million dongs; the source transfer revenue is 1,184,303 million
dongs.
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.
