(HBO) – Hoa Binh is striving to bring its economic growth rate to the national average in 2025, which is part of the targets of Resolution 09-NQ/TU issued by the provincial Party Committee’s Standing Board on December 31, 2021, on economic restructuring in association with the transforming of growth model.
Photo: Hoa Binh expects 54 percent of the
industry-construction sector’s proportion in the provincial economic structure.
In the photo: Production at An Phuc garment and textile company in Yen Thuy.
Under the resolution, Hoa Binh aims to reform its economic structure in both
depth and width, enhancing the efficiency of investment, promoting strong
industries and products, and associating fast growth with social progress and
environmental protection, as well as climate change towards sustainable
development.
Specifically, in the 2021-2025 period, Hoa Binh strives to achieve gross
regional domestic product (GRDP) growth of at least 9 percent each year, and
productivity increase of 8 percent per year. In the period, the rate of poor
households is hoped to reduce 2.5-3 percent per year.
The economic structure is expected to continue to be transformed towards a
higher proportion of industry and service and lower rate of the
agro-forestry-fisheries sector. By the end of 2025, per capita GRDP of Hoa Binh
is hoped to reach about 100 million VND (4,408 USD) per year.
Total social investment in the 2021-2025 period is to top 120 trillion VND,
equivalent to about 32 percent of its GRDP, with an average annual rise of 8.2
percent. In the five years, Hoa Binh expects 280 domestically-invested projects
worth about 80 billion VND and 30 foreign-invested projects with a combined
capital of about 1 billion USD.
In 2025, the rate of trained labourers is expected to reach about 63 percent,
while digital economy is hoped to make up about 20 percent to the GRDP.
To this end, the resolution gave eight major solutions, including promoting
communications to create higher social consensus, speeding up provincial
planning, administrative reform and digital transformation as well as business
environment improvement to attract more investment, improving human resources quality,
and enhancing the value of forest production./.
Kim Boi mineral water has been known as a precious natural gift bestowed upon the district of Kim Boi. Kim Boi mineral water is extracted from limestone beds formed 250 million years old at a depth of 175.5m with a temperature of 36.5°C. It contains many minerals useful for human health such as calcium, sodium and magnesium.
Hoa Binh has paid due attention to fire prevention at local industrial parks through promoting communications work to raise businesses’ awareness of fire safety, and guiding them how to well implement related regulations.
The provincial Administrative Reform Steering Committee (ARSC) held a conference on May 7 to evaluate the results of the Public Administrative Reform (PAR) Index, the Satisfaction Index of Public Administrative Services (SIPAS), and the Provincial Governance and Public Administration Performance Index (PAPI) for 2023; and to discuss ways to improve indexes for 2024 and the subsequent years. Vice Secretary of the provincial Party Committee, Chairman of the provincial People’s Committee and head of the ARSC Bui Van Khanh chaired the event.
Kudzu powder product of Nhuan Trach agricultural services and starch processing cooperative in Dong Se hamlet, Nhuan Trạch commune, Luong Son district was certified as meeting One Commune One Product (OCOP)’s 3-star standard last year. For local residents, kudzu is a crop that helped them improve income, alleviate hunger and reduce poverty. The certification of the product is a prerequisite for local households to continue their production and expand their market.
Yen Thuy district has effectively implemented a project to support the construction of model new-style rural residential areas and gardens under the national target programme on new-style rural area building for 2021-2025.
With favourable climate and land advantages, the agriculture sector in Hoa Binh has been attracting investment from enterprises, organisations, and cooperatives, gradually asserting the position of some local specialties in the international market.
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