(HBO) – Hoa Binh city reported that retail sales totalled more than 1.39 trillion VND (over 60 million USD) in July, an increase of 20.9 percent from a year earlier, according to the city’s People’s Committee.
The figure
includes 690.5 billion VND in retail sales from household businesses and over
700.8 billion VND from enterprises, up 21 percent and 20 percent, respectively,
year-on-year.
Vincom Plazashopping centre in Dong Tien commune, Hoa Binh city,attracts large number of shoppers.
Last month, local
industrial and handicraft establishments ramped up production to fulfill orders. Production
of running water reached
nearly 12,400 cu.m, up 6.5 percent year-on-year, while close to 4,680 brooms
were made during the month, up 4.2 percent.
The city also
produced nearly 8.4 million bricks and tiles of all types and over 2.13 million
clothing items, up 8.9 percent and 6.9 percent, respectively, year on year./.
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.
