(HBO) – As the COVID-19 pandemic has been put under control, business, trade and service activities in Hoa Binh have recovered and developed strongly, with effective operation of markets, shopping centres and supermarkets.
Leaders of provincial
Department of Industry and Trade and local authorities inspect the trading of
necessities as well as the prices and quality of products (Photo taken at
Vinmart supermarket in Vincom Plaza in Hoa Binh city)
In the first six months of this year, total retail and service revenue of Hoa
Binh reached 27.23 trillion VND (1.16 billion USD), up 25.75 year on year,
fulfilling 51.9% of the yearly target.
As of the end of July, the province welcomed 1.68 million tourists, reaching
65.1% of its yearly goal, including 60,000 foreigners, earning about 1.9
trillion VND.
Pham Tien Dung, Director of the provincial Department of Industry and Trade,
said that along with strict control of the market through inspection and
monitoring activities, the province has promoted trade and service activities
through many events, including the 31st Southeast Asian Games and a number of
trade fairs.
This year, the province will allow local enterprises to organise 3-5 trade
fairs, and an ornamental creature exhibition with the participation of 40
cities and provinces nationwide.
The province has also rolled out measures to prevent smuggling and trade fraud,
he added.
Dung said that in the rest of this year, Hoa Binh aims for 25.23 trillion VND
in total retail sales of goods and services. To this end, Hoa Binh will
continue to control commodities’ prices, while building plans to supply goods
during the Lunar New Year, and focusing on promoting e-commerce./.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
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.
