(HBO) – Despite difficulties caused by the COVID-19 pandemic since early this year and global uncertainties, Hoa Binh province’s socio-economy has been heading to recovery thanks to drastic directions of the provincial Party Committee, authorities and efforts of business community.
Luong Son Industrial Park draws many businesses at home and abroad, contributing to local socio-economic development (Source: Midori Apparel Vietnam Hoa Binh Co. Ltd).
By now, the province’s GRDP growth is estimated at 9.38%, surpassing the plan. The total social investment accounts for 33% of GRDP to 18.72 trillion VND (813 million USD), higher than the target. The total State budget collection is estimated at 6.41 trillion VND, export turnover over 1.4 billion USD, imports more than 1 billion USD, meeting the targets.
Up to 54 billion VND in interest rates of loans worth over 9.9 trillion VND has been waived or reduced for 82,441 borrowers. More than 5.2 billion VND has been disbursed for 11 businesses in support of employees in difficulties caused by the pandemic.
The provincial authorities regularly monitor the situation and tackle difficulties in production and trade. The industrial production index is estimated at over 41.6 trillion VND, up 14.3% year on year. The total retail of goods and services reach more than 53.4 trillion VND, up 20.27% from the same period last year, or 101.9% of the yearly plan.
The total tourist arrivals in the province hit 2.58 million, up 98.5% annually while the total tourism receipts stood at 2.4 trillion VND, marking a 118.2% increase annually, all meeting the targets.
According to Director of the provincial Department of Planning and Investment Nguyen Van Thang, the disbursement of official development assistance remains low.
In order to fulfill the 2022 socio-economic targets, the provincial People's Committee directed agencies and localities to step up digital transformation effectively, and regularly update market situation to come up with plans to ensure supply of necessities, especially during the Lunar New Year 2023, toward fulfilling yearly budget collection tasks to the best of its ability./.
Speaking at a meeting with businesses, investors, and cooperatives on the occasion of the lunar new year, Chairman of the provincial People's Committee Bui Van Khanh affirmed that with the motto of the administration accompanying businesses, Hoa Binh always determines that the success of businesses is also that of the province; and their difficulties and problems are the responsibility of the Party Committees and authorities at all levels. That motto has created a landmark in the development process of the province as well as the local business community.
The Government Office has just issued Notice No. 179/TB-VPCP, dated April 23, 2024, on the conclusions of Prime Minister Pham Minh Chinh at his meeting with the Standing Board of the Hoa Binh provincial Party Committee on April 13.
Cao Phong district has witnessed signs of economic improvement over the recent past thanks to efforts by local authorities to promote agricultural, industrial, and handicraft development.
On April 26th, the Steering Committee for completing the standards to establish Luong Son town of the province held a conference to evaluate the progress of implementing the standards to establish Luong Son town. Mr. Nguyen Van Toan, the Vice Chairman of the Provincial People's Committee, the Head of the Steering Committee chaired the conference.
On the occasion of the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024), Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee, and other officials of the province and Lac Son district on April 25 visited and presented gifts to local soldiers and pioneering youths who directly engaged in the Dien Bien Phu Campaign.
A delegation from the Fund for Natural Disaster Prevention and Control and the Hero of the People’s Armed Forces Phan Trong Binh Social Work Fund on April 22 had a working session with leaders of Hoa Binh province.
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