(HBO) - Hoa Binh province’s local budget revenue was estimated at 2.36 trillion VND in June, raising its total local budget collection in the first half of this year to 7.14 trillion VND, equal to 60 percent of the estimate assigned by the Prime Minister and 57 percent of the plan set in the Resolution of the provincial People’s Council, and up 25 percent year-on-year, according to data reported by the provincial People's Committee.
In the first six
months of 2021, the local budget prioritized spending on the prevention of the
COVID-19 pandemic, thus contributing to ensuring safety in the province.
Of the total, regulation revenue is estimated at over 1.91
trillion VND, balancing transfers at over 2.881 trillion VND, and target
transfers at 844 billion VND.
Also in the first half of the year, local budget expenditure is
estimated at 6.26 trillion VND, equal to 53 percent of the estimate assigned by
the Prime Minister and 50 percent of the plan set in the Resolution of the
provincial People's Council, and up 2 percent over the same period last year.
Of the total, spending on development investment was 829.6 billion VND, regular
expenditure 4.41 trillion VND and expenditure from target transfers 1.02
trillion VND.
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.
