(HBO) – Hoa Binh province’s State budget collection reached more than 1.09 trillion VND (47.6 million USD) in the first two months of 2022, up 60.4 percent year on year and equal to 17.1 percent of the target set by the provincial People’s Council for the entire year.
Of the
sum, budget collection from imports and exports is estimated at 91.4 billion
VND and domestic revenue at over 1 trillion VND.
Hai Hien Bamboo and Wood JSC at Mong Hoa Industrial Park in Hoa Binh
city promotes production and business, actively contributing to the province's
import-export revenue.
The provincial steering committee for the state budget collection said despite
the socio-economic impact of COVID-19, the state budget revenue grew well in
January and February.
It attributed the outcome to a number of firms having more taxes to pay for.
The committee requested agencies and authorities involved coordinate to support
tax payers in recovering their production and business activities and
strengthen budget collection management right from the beginning of the year so
as to achieve the set goals./.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
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