Hoa Binh city has modern, dynamic appearance

9/17/2021 - 12:50:50 PM

(HBO) - Hoa Binh city is the political, administrative, economic and cultural centre of Hoa Binh province. From a peaceful town in the Northwest mountainous region, the city has to date made great strides in many fields. The synchronous implementation of many solutions over the years has given the city a facelift, thus affirming the advantages, potential and value of a new developing urban area

Hoa Binh city is on the way of development, creating a dynamic and modern urban appearance.

According to Bui Quang Diep, Chairman of the city People's Committee, after merging Ky Son district into Hoa Binh city, the city now has a natural area of more than 348sq.km, and a population of about 135,700.

The synchronous investment in transport infrastructure and technical infrastructure, along with the mobilization of many resources, has enabled the city to grow in many fields, and achieve remarkable progress, especially in economic development. Industry and services are developing day by day, and many industrial zones and clusters have been established, attracting ten thousands of local workers.

According to statistics of the city People's Committee, the city has recorded an annual average economic growth rate at nearly 7.6 percent in recent years. Locals' lives and social welfare and social security and order are ensured, and environmental protection has improved. In 2020, the per capita income reached over 66 million VND; the rate of poor households was about 1.28 percent and over 90 percent of locals joined health insurance.

In the first six months of 2021, the total value of industrial and handicraft production hit 2.85 trillion VND, up 25.8 percent year-on-year. The city is also preparing the conditions to start construction on technical infrastructure for the Cham Mat – Dan Chu industrial park and Tien Tien industrial clusters, while continuing to accelerate the ground clearance for other industrial zones and clusters to attract investment. Local budget revenue is estimated at 627.83 billion VND, equal to 63.4 percent of the target set in the city People’s Council's resolution. Currently, the city is managing 96 projects funded by public investment, with a total capital of over 3.07 trillion VND.

To implement the resolution of the city Party Congress for the 2020-2025 term, Diep said that the city has built a specific action programme on investment in infrastructure of type-II urban areas in connection with service development.

At the same time, Hoa Binh city will work to fully tap local potential and advantages, preserve and promote national cultural identity, well implement social welfare, improve locals’ living conditions, and maintain political security and social order and safety. It is striving to complete the criteria for turning the city into a type-II urban area before 2025, and achieve an average growth rate of production value of 19 percent for the five-year period to 2025./.

In the first quarter, the total capital of the credit institutions was estimated at 40,128 billion VND

In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.

Lac Son - attractive destination for investors

Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.

Hoa Binh accelerating disbursement of ODA, foreign concessional loans

In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.

The man who promotes Kim Boi district’s fruit brand

Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.

Q1 disbursement of public investment funds reach 15% of yearly plan

The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.

Hoa Binh works hard to boost farm exports

Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods. The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.