(HBO) – Hoa Binh’s industrial production exceeded 3.61 trillion VND (153.33 million USD) in March, a year-on-year increase of 21.6 percent. The figure lifted the total value in the first quarter of this year to over 10.55 trillion VND, up 10.6 percent from the same period last year.
Ho Guom garment firm, located in Phong Phu commune, Tan Lac district,
has maintained stable production, providing jobs for hundreds of local workers.
The provincial People’s Committee said the positive growth was attributable to
the fact that all districts have effectively implemented local industry and
handicraft industry development plan.
Manufacturing and processing remained the industrial sector’s key driver with
significant growth, with increases ranging from 24 – 38 percent recorded in the
production of beverage, steel and cement.
However, the People’s Committee warned that the local industry sector has
relied heavily on production of Hoa Binh Hydropower plant while power blackout
still occurs, affecting production-business activities and people's life./.
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.
