(HBO) - Given complicated developments of COVID-19 across the country, the Hoa Binh People's Committee has directed relevant sectors to strengthen the monitoring of supply and demand and commodity prices in order to keep market prices stable, especially the prices of essential goods, serving people's needs and preventing unreasonable price hikes.
Commercial centers and supermarkets have always ensured the supply of goods to serve consumers’ demand. (Photo taken at the Vincom Plaza shopping center in Hoa Binh City).
Accordingly, commercial activities in the province have maintained stable development. Total retail sales of goods and services in August were estimated at 3,630 billion VND (nearly 159.5 million USD), pushing the figure for the January-August period to 28,975 billion VND, up 15.8 percent on-year and fulfilling 65.16 percent of the yearly plan.
Also in August, the local consumer price index was estimated to increase slightly by 0.05 percent compared to the previous month. Currently, the provincial People's Committee is directing departments, branches and localities to focus on implementing solutions to ensure the balance of market supply and demand, and stocking up on commodity to maintain stable goods prices in the remaining months of the year, especially given unpredictable developments of the pandemic./.
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.
