(HBO) - In February, export turnover of the province reached 40.07%. The accumulation in the first two months of 2018 is estimated at 80, 55 million, which increases by 18.63% compared to the same period last year.
Transon Company - assembling electronic
components in Luong Son Industrial Zone, created jobs for 1,200 workers.
Of which, merchandise exports are
estimated to reach at USD 37 million, increasing by 20.24% over the same
period, equal to 13.06% of the year plan; service exports are estimated to
reach at $ 3.05 million, increasing by 1.69% over the same period, equal to
15.38% of the year plan. The main products are garment, lens, and electronic
components.
In the first two months of this year, export
turnover of the province reached $ 67.84 million, increasing by 9.24% over the
same period and equal to 13.84% of the plan in 2018.
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.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.