(HBO) – Hoa Binh province's export turnover in July reached nearly 149.4 million USD, up 5.46% against June. During the first seven months of this year, the province earned more than 915.9 million USD from exports in the first seven months, rising 13.03% year-on-year and reaching 54.04% of the plan for 2023.
GGS Vietnam Co Ltd in Da River Left Bank Industrial Park in Hoa Binh city maintains export orders, ensuring stable income and employment for over 700 employees.
According to the provincial People's Committee, trade promotion and market management have been strengthened, contributing to facilitating domestic trade and export. It is noteworthy that the revenue of enterprises operating in the industrial park records positive changes with export value in seven months reaching over 492 million USD, equal to 63.9% of the yearly plan.
During the January-July period, the province imported about 685.2 million USD worth of goods, a year-on-year increase of 9.75%, reaching 55.75% of the target set for the whole 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.
