(HBO) - According to the evaluation report of the provincial People's Committee, since early this year, the industrial production in the province has maintained a fairly good growth rate. The industrial production index in the past nine months is estimated to increase by 10.36% over the same period last year. The industrial output value is estimated at 23,780 billion VND, increasing by 15.5% in comparison with the same period last year, equal to 75.1% of the plan of this year.
Bandai Vietnam Limited Company (at the Left Bank
Industrial Zone of Da River) creates jobs for hundreds of local workers.
The key sectors and products of the industry
have good growth rate. In particular, the processing industry continues to have
the highest growth rate (all sectors have increased from 5.8% to 35.1% over the
same period) due to the stable price of input materials, favorable for
manufacturing. Electricity production, distribution, water supply and waste
water treatment have been growing steadily (compared with the same period last
year, electricity production increased 6.5%, electricity production increased 5.7%).
Particularly, output of mining products continued to decrease significantly
compared to the same period last year due to difficulties in exploitation
procedures.
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.
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