(HBO) – According to a report from the Hoa Binh People’s Committee, in December last year, the provincial industrial production value was estimated at 2.83 trillion VND and the figure for the entire year, 32.52 trillion VND, surpassing the yearly target by 2.75 percent and increasing 15.6 percent year on year.

Apparel producer
Lac Thuy JSC creates jobs for 600 workers. (Photo: HBO reporter)
Hoa
Binh’s export and import values were calculated at more than 53.07 million USD
and 45.35 million USD in December 2018, up 0.31 and 07.2 percent from November,
respectively.
Last
year, the province’s overseas shipments reeled in a total of some 616.15
million USD, exceeding the yearly target by 1.01 percent and recording an
annual increase of 20.81 percent.
Meanwhile,
it spent 490.27 million USD on imports, 0.06 percent higher than the planned
figure and 14.55 percent up from 2017./.
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.