(HBO) – Hoa Binh city’s industrial and handicraft production was estimated at 580 billion VND in February, an increase of 15.25 percent from the same period last year.

The figure includes 220.5 billion VND generated by local manufacturers, up 12.9 percent year on year, and 254.5 billion VND by foreign investors, up 17 percent. Household businesses contributed 105 billion VND to the total production, up 20.6 percent.

In the first two months of 2020, the city’s industrial and handicraft production was worth 1.738 billion VND, up 13.5 percent from a year earlier.

After Ky Son district was merged into Hoa Binh city, the city plans to focus on supporting business expansion to create jobs for local people. It will prioritise developing industries it holds advantages in terms of materials and market.

This year, the city sets to have the service sector accounting for 48.5 percent of the local economy, followed by industry and construction (44.2 percent), and agriculture, forestry and fisheries (7.3 percent)./.


Related Topics


1.5 tonnes of fries released to regenerate aquatic resources in Hoa Binh Lake

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).

Hoa Binh leader meets Indian Ambassador

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.

Conference looks to promote Hoa Binh – India cooperation

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.

Cao Phong promotes great national unity strength in building new life

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.

Yen Thuy moves to boost export of shallot products

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.