(HBO) - Hoa Binh province views investment capital as the key to completing local socio-economic infrastructure. Therefore, aside from effectively using the capital sourced from the state budget, it has mobilised funding from businesses, people, as well as domestic and foreign organisations.
Construction
of Hoa Binh 2 Bridge is being accelerated. Once put into use, the facility will
help complete transport infrastructure of Hoa Binh city.
The total investment capital raised from society
over the last five years is estimated at 80.2 trillion VND (3.4 billion USD),
including 10.73 trillion VND of public investment capital spent on developing
transport facilities, industrial parks, urban infrastructure, power supply,
water supply and drainage, education, health care, tourism, and production and
business development.
Under the motto of "transport must be developed
first to pave the way”, between 2016 and 2020, many key transport lines have
been built and upgraded, thus creating an important driving force for local
socio-economic development and attracting investment to the province. Prominent
among them are Hoa Lac – Hoa Binh Road, the Xuan Mai – Hoa Binh section of
National Highway 6, the first 23km of Provincial Road 433, Provincial Road 435,
the inter-district road in mountainous Lac Son and Tan Lac districts, Hoa Binh
3 Bridge, Hoa Binh 2 Bridge, and Trang Bridge. The province is also speeding up
investment in the road linking National Highway 6 with Chi Lang Road, and Hoa
Binh – Moc Chau Expressway under the public-private partnership format.
So far, Hoa Binh province has had 10,446km of
roads, a majority of which have been asphalted or concretised, increasing by
about 1,442km from 2015. Apart from national highways and provincial and
district roads, 78 percent of communal roads in the province have been
concretised or asphalted, the rate of such roads in urban areas is 91 percent,
specialised roads 76 percent, and inter-hamlet roads 61 percent.
Over the last five years, nearly 400 irrigation
works have been upgraded, and more than 250km of canals reinforced as a result
of the greater attention paid to improving essential infrastructure facilities
in rural and disadvantaged areas. Aside from calling for investment to water
supply facilities, information technology, urban areas, and healthcare and
educational establishments, Hoa Binh has also carried out many power supply
infrastructure projects to serve people’s daily life and production demand.
Across the province, 19 traditional markets, one
trade centre and one supermarket have been built and upgraded, and seven
traditional markets renovated, bringing the total number of traditional market
to 93, supermarkets to five and trade centres to three. The development of
trade infrastructure has not only helped improve local living standards, meet
people’s consumption and trading demand, but also encouraged residents,
especially in rural areas, to boost mass production./.
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
