HBO - In the first quarter of 2019, considerable reforms were made in leadership and management of the whole political system of Hoa Binh province, and all-level authorities and sectors have joined together to realise socio-economic development tasks for this year.
Thanks to the province’s efforts, positive signs have been recorded in
different spheres, including stable socio-economic development and good
year-on-year growth in some sectors. Notably, the gross regional domestic
product (GRDP) grew by 8.63 percent in Q1.
While agricultural production has kept
developing, spring crop schedules have been fulfilled. The province has put
animal epidemics under control, helping livestock farming recover.
It has also pushed ahead with agricultural
restructuring and new-style rural area building, gaining positive results.
Sixty-three communes in Hoa Binh have obtained the new-style rural area status.
Particularly, Hoa Binh city also gained this status, making the province the
first in the northwestern region to have a district-level locality named
new-style rural area.
The industrial production index in the Q1 of 2019
increased by 10.2 percent year on year. Photo: The Hoa Binh Knitting Co. Ltd provides
jobs for 400 people.
Hoa Binh posted fair growth in its industrial
production, whose value was estimated at 8.68 trillion VND (over 374.3 million
USD). Businesses, especially foreign invested ones, still report stable and
developing performance with total export value rising 17.43 percent from a year
earlier. The province collected 838 billion VND for the State budget.
Additionally, many projects have been launched or completed on schedule.
Meanwhile, improvements have also been recorded
in social and cultural aspects. Hoa Binh has been working to tap into its
tourism potential in order to attract more visitors from both inside and
outside of the province. The number of travellers to local tourist sites has
continued surging, reaching 1.1 million, helping the province earn about 600
billion VND in tourism revenue.
In 2018, Hoa Binh climbed four places in the Provincial
Competitiveness Index rankings compared to the previous year. Many sub-indexes were
strongly improved, particularly the one on provincial authorities’ dynamism.
The provincial administration is demanding
relevant sectors to drastically carry out solutions to improve the local
investment and business climate and support the implementation of key
projects./.
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.
