(HBO) – The complicated developments of COVID-19 have seriously affected all social aspects, especially economic development. Growth decline was recorded in many fields. In the first quarter of 2020, the gross regional domestic product (GRDP) was estimated at 6.62 percent. The figure is projected at 4.57-5.86 percent in the second quarter due to the impact of the pandemic on business and production activities.
(HBO) – Numerous efforts made in the first months of the year have contributed to the 6.6 percent increase in the aquatic product output of Hoa Binh province. The province is home to 43 aquaculture farms and cooperatives, of which 13 are specialised in farming. The aquaculture farming areas in the province span 2,686ha, with 4,630 fishing cages.
(HBO) – The Bank for Agriculture and Rural Development in Yen Thuy district, Hoa Binh province, simplified lending procedures, reformed lending model and methods and coordinated with communes, towns, associations of farmers and women, and other socio-political organisations to roll out favourable lending methods during the first quarter of this year.