(HBO) - According to Hoa Binh’s Tax Department, by the end of 2019, the province has collected an estimated 4 trillion VND for the State budget, a 18 percent increase from a year earlier.
Auction of land use rights considerably
contributes to the province’s State budget revenuethis year. The expanded Bac Tran Hung Dao project is
underway in Hoa Binh city.
The figure is
also 30 percent higher than the goal assigned by the Prime Minister and 5
percent higher than that set by the provincial People’s Council.
Of the amount,
3.75 trillion VND has been collected from domestic sources, up 16 percent year
on year. It is 26 percent higher than the target set by the Prime Minister and
2 percent higher than that by the provincial People’s Council.
The remainder,
250 billion VND, has been from import and export activities, up 89 percent year
on year. The sum surpassed the
target set by the Prime Minister by 127 percent and that of the provincial People’s Council by
92 percent./.
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.