(HBO) - According to data reported by the provincial People's Committee, by the end of May 2022, Hoa Binh’s State budget revenue is estimated at 2.143 trillion VND (92.33 million USD), of which domestic revenue is 1.954 trillion VND, equal to 55 percent of the estimate assigned by the Prime Minister and 32 percent of the yearly target set in a Resolution of the provincial People's Council; and revenue from import-export activities 189 billion VND, equivalent to 60 percent of the estimate assigned by the Prime Minister and the target of the Resolution of the provincial People's Council.
The Vi Hoa Binh Supermarket (Tan Thinh Ward - Hoa
Binh City) has diversified products, actively contributing to budget revenue.
In addition, local budget revenue is estimated at 6.2
trillion VND, equaling 51 percent of the estimate assigned by the Prime
Minister and 42 percent of the target set in the Resolution.
In the first five months of 2022, local budget expenditures
are estimated at 5.183 trillion VND, equivalent to 43 percent of the estimate
assigned by the Prime Minister, and 35 percent of the target set in the
Resolution, in which spending for development investment is estimated at 767
billion VND, equal to 18 percent of the target assigned in the Resolution;
recurrent expenditure 3.698 trillion VND, equal to 43 percent of the target;
and expenditure from additional target sources from the central budget 716
billion VND, equal to 45 percent of the target./.
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.
