(HBO) - In the first quarter of 2022, the production of the industry in the province has basically been stable. Some major products of the processing and manufacturing industry tended to increase compared to that of the same period last year, especially the electronic products, which increased by about 7.63%... However, the output of manufacturing electricity and mining industry decreased compared to that of the same period. Thereby, the industrial production value of the whole province was estimated at nearly 10,380 billion VND. The index of the industrial production increased by 3.95% compared to that of the same period last year.
The branch of Minh Trung Group
joint Stock Company (Luong Son Industrial Park) has been promoting production -
business, which has been actively contributing to the industrial production
value of the province.
Currently, the Provincial Party
Committee and Provincial People's Committee has been focusing on directing the
functional sectors and the districts and the city to pay attention to deploying
the solutions to remove difficulties and promote the production and business
activities of the enterprises in the industrial zones and clusters, especially
the key enterprises in the fields of apparel, manufacturing electronic
components and construction materials... They have encouraged and created
conditions for the enterprises and the production facilities to apply
scientific advances and technology into production. At the same time, they
continue developing the infrastructure of the industrial zones and clusters. It
is necessary to speed up the site clearance for the following industrial zones:
Yen Quang, Mong Hoa, Lac Thinh, Nhuan Trach and the industrial clusters in Rut,
Dong Tam, Phong Phu communes…
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.
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.
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.
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.
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 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.
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