(HBO) - Hoa Binh province's State budget collection reached 338 billion VND (14.7 million USD) in May, equivalent to 7 percent of the target set in the Resolution of the provincial People's Council, according to the provincial People's Committee.
The figure in the first 5 months of 2021 was estimated at 1.63
trillion VND (71.2 million USD), equal to 38 percent of the Prime Minister's
estimate and 32 percent of the target set in the Resolution of the provincial
People's Council.
Hai Hien Bamboo and Wood joint Stock Company (Mong Hoa Industrial
Park - Hoa Binh city) promotes production and business, actively contributing
to the province's import and export revenue.
Of which, domestic revenue was over 1.43 trillion VND (62.7 million USD), or 35
percent of the estimate by the Prime Minister and 30 percent of the target set
in the Resolution of the provincial People's Council. Revenue from imports and
exports was 199.5 billion VND (8.67 million USD), equal to 100 percent of the
PM estimate and 80 percent of the target set in the Resolution of the
provincial People's Council.
In addition, local budget revenue by the end of May was
estimated at more than 4.77 trillion VND (208 million USD), or 40 percent of
the Prime Minister's estimate and 38 percent of the target set in the
Resolution of the provincial People's Council.
Meanwhile,local budget spending in the five-month period reached 4,7
trillion VND (207 million USD), accounting for 40 percent of the Prime
Minister's estimate and 38 percent of the target set in the Resolution of the
provincial People's Council./.
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.
