(HBO) – The index of industrial production in Hoa Binh province grew by around 9.5 percent in the first quarter compared to the same period last year, according to the provincial People’s Committee.
The industrial production value during the
period was estimated at more than 9.7 trillion VND (421.1 million USD), up 16
percent year on year.
In particular, the processing and manufacturing industry has
gradually recovered. The production of its beer and beverages, which are among
the industry’s key products, increased by some 6.49 percent, steel and metal
products up 10.64 percent, and cement rose 3.82 percent.
Thanks to new machinery and equipment, the An Phuc
Export Garment Company, based in Hang Tram town of Yen Thuy district, has
improved its productivity and provided stable jobs for local workers.
In terms of electricity generation and
distribution, the three-month power output surpassed 1.83 billion kWh,
equivalent to nearly 19 percent of this year’s target and up 66.3 percent year
on year. Meanwhile, the commercial electricity output was about 265.61 million
kWh, equivalent to 25.25 percent of the annual target and up 23 percent.
Besides, the mining industry maintained stable growth,
with the stone and ore mining output rising 2.8 percent and 0.68 percent from a
year earlier, respectively./.
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.
