Party Central Committee member and Secretary of the Hoa Binh Party Committee Bui Van Tinh had a working session with the provincial Department of Industry and Trade.
The department has showed strong performance in giving advice to the provincial Party Committee, People’s Council and People’s Committee on developing industry, small industry and crafts, as well as trade, service in the locality. The sector’s contribution to the province’s GDP was 65 percent.
In the first seven months of 2019, industrial activities of the province expanded over the same period last year. Industrial production value reached 21.6 trillion VND (930 million USD), up 15.52 percent year on year, completing 57.73 percent of the yearly target.
Currently, Hoa Binh has about 7,000 industrial, small industrial and craft establishments, including 436 production enterprises.
Meanwhile, more than 900 firms and 30,000 business households are operating in the area of trade.
Total revenue from retail and services in the first seven months of this year came to 18.5 trillion VND (800 million USD), a rise of 19.12 percent over the same period last year, fulfilling 58.43 percent of the yearly target.
Total export revenue was 497.733 million USD, an increase of 36.38 percent year on year, equivalent to 60.73 percent of the goal for the whole year.
Addressing the working session, Tinh said that in the rest of the year and the following year, the industry and trade sector should promote the leadership of the provincial Party Committee to complete all the assigned political tasks, while giving specific and breakthrough solutions to deal with difficulties and obstacles in investment attraction and promotion.
He asked the sector to be more active in seeking new measures to approach bigger markets, while working to remove administrative obstacles for businesses, improve the investment environment, and deal with issues related to resources for industrial development.
Regarding trade and service development, the sector should strengthen connectivity in selling and focus more on mobilising social resources in the field, he said.
For the power industry, he asked for more efforts in improving the power supply index and soon beginning to sell electricity to each household.
The industry and trade sector should continue reviewing and advising the provincial People’s Committee on power network planning, while coordinating with the provincial Co-operative Alliance to hand over the power network to the northern Electricity Corporation under the Vietnam Electricity, he asked./.
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