(HBO) – Despite difficulties caused by the COVID-19 pandemic since early this year and global uncertainties, Hoa Binh province’s socio-economy has been heading to recovery thanks to drastic directions of the provincial Party Committee, authorities and efforts of business community.
Luong Son Industrial Park draws many businesses at home and abroad, contributing to local socio-economic development (Source: Midori Apparel Vietnam Hoa Binh Co. Ltd).
By now, the province’s GRDP growth is estimated at 9.38%, surpassing the plan. The total social investment accounts for 33% of GRDP to 18.72 trillion VND (813 million USD), higher than the target. The total State budget collection is estimated at 6.41 trillion VND, export turnover over 1.4 billion USD, imports more than 1 billion USD, meeting the targets.
Up to 54 billion VND in interest rates of loans worth over 9.9 trillion VND has been waived or reduced for 82,441 borrowers. More than 5.2 billion VND has been disbursed for 11 businesses in support of employees in difficulties caused by the pandemic.
The provincial authorities regularly monitor the situation and tackle difficulties in production and trade. The industrial production index is estimated at over 41.6 trillion VND, up 14.3% year on year. The total retail of goods and services reach more than 53.4 trillion VND, up 20.27% from the same period last year, or 101.9% of the yearly plan.
The total tourist arrivals in the province hit 2.58 million, up 98.5% annually while the total tourism receipts stood at 2.4 trillion VND, marking a 118.2% increase annually, all meeting the targets.
According to Director of the provincial Department of Planning and Investment Nguyen Van Thang, the disbursement of official development assistance remains low.
In order to fulfill the 2022 socio-economic targets, the provincial People's Committee directed agencies and localities to step up digital transformation effectively, and regularly update market situation to come up with plans to ensure supply of necessities, especially during the Lunar New Year 2023, toward fulfilling yearly budget collection tasks to the best of its ability./.
Mai Chau district has firmly established itself as a standout destination on Vietnam’s tourism map, attracting both domestic and international visitors with its breathtaking landscapes, rich ethnic culture, and warm hospitality. However, beyond its natural and cultural charm, a secure and well-managed tourism environment has added to Mai Chau’s appeal.
As Vietnam enters a new phase of economic and administrative reform in 2025, Hoa Binh province is stepping up its efforts to streamline governance, boost economic growth, and attract investment.
The Hoa Binh provincial People's Committee held its monthly meeting on March 26 to review the progress of key projects, assess budget revenue and public investment disbursement, provide feedback on draft documents for submission to the provincial Party Committee's Standing Board, and discuss other important matters related to the committee's governance activities.
Playing a key role in Hoa Binh province’s economic development, Luong Son district has been focusing on science and technology development, innovation, and digital transformation.
Identifying the application of online public services as a key step in administrative procedure reform and e-government building, Kim Boi district has proactively provided services and supported residents and businesses in accessing and utilising full-process online public services promptly and efficiently. The locality aims to lift the rate of end-to-end online public services to over 90%, with all officials and civil servants handling tasks in the digital environment.
Nguyen Anh Tuyet, hailing from a family steeped in the ancient art of herbal medicine, is transforming local medicinal herbs into high-value concentrated extracts, elevating their worth and healing potential.
