HBO - The north-western province of Hoa Binh continued to record a rise in export-import revenues in the first quarter of 2019, said the provincial Department of Industry and Trade. It made an export value of over 168.5 million USD in the period, an increase of 17.43 percent year-on-year, or 21.33 percent of the year’s plan.
The 100 percent foreign-invested Pacific Company
Limited makes remarkable contributions to Hoa Binh province’s farm produce export.
Of the figure, export of goods hit about
158.71 million USD, up 18.18 percent against the same period last year and
21.22 percent of the yearly plan. Besides, export of services stood at 9.8
million USD, rising 6.41 percent and equivalent to 23.33 percent of the annual
plan.
Meanwhile, import values reached 134.57
million USD, expanding by 23.46 percent year-on-year and meeting 21.19 percent
of the year’s plan.
Statistics showed that the province is
currently home to 30 firms engaging in export activities. Electronic devices,
garment-textile and farm produce remain as the province’s key export staples.
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.
