According to the Department of Statistics of Hoa Binh province, the province's estimated total retail sales in December 2023 is 1,120 billion VND, an increase of 2.35% compared to the same period in 2022. Accumulated for the whole year 2023 is estimated to reach 12,286 billion VND, an increase of 18.35% compared to the same period in 2022.
In general, the market situation in Hoa Binh province is stable, the supply of goods is always guaranteed. Purchasing power in the market has recovered well compared to 2022 and the period affected by the Covid-19 epidemic.
During the Lunar New Year of Giap Thin, the preparation of goods for Tet was actively implemented early by localities and businesses in the province with the Market Stabilization Program. Goods are diverse and abundant, meeting people's needs well. Prices of goods, especially essential items are quite stable.
In the first half of 2024, Hoa Binh province granted new business registrations for 210 enterprises with a total registered capital of more than 4.75 trillion VND (187.5 million USD), an increase of 12% year on year, the provincial Department of Planning and Investment has reported.
The working class in Vietnam in general and Hoa Binh province in particular, has made significant strides in terms of quality and making practical contributions to the country's industrialisation and modernisation process. Establishing a well-organised working class that has professional skills, firm political mettle, capable of leading the innovation process, and actively integrating into global trends of globalisation, is the responsibility of the entire Party and political system. However, there are numerous challenges that hinder the robust development of the working class.
Accessing preferential loans from the Vietnam Bank for Social Policies (VBSP), many households in Tan Lac district have escaped poverty and many students progressed on their quest for knowledge.
The companionship of the preferential loans from the Bank for Social Policies (VBSP) has helped many households in Tan Lac district escape poverty sustainably. Along with that, the policy capital has accompanied with many students in their journey to seek knowledge until they achieve the "sweet fruits”.
In the 2023-2024 winter-spring crop, despite unfavourable weather conditions and negative impacts of market, Hoa Binh has basically achieved targets and even exceeded the yearly plan due to the fact that production direction and preparation of production material was carried out early.
Implementing the criteria on the form of production organization in the program for building New Rural Areas, the Party committees and the provincial authorities at all levels have strengthened the direction and implementation of land consolidation and land exchange.
