(HBO) - According to statistics from the Provincial Tax Department, by November 2022, the revenue of the State budget from Hoa Binh Hydropower Company has reached 701 billion VND, of which the Company overpaid 100 billion VND in 2021, thus accumulative sum of 11 months this year, the estimated contribution of Hoa Binh Hydropower Company to the State budget is 601 billion VND.
In November, the company's
electricity output is estimated at 0.3 billion kWh, the revenue is about 28.6
billion dongs; the accumulative electricity output of 11 months has reached 8.5
billion kWh, equaling 113.3 percent of the same period.
Also, according to the provincial
Tax Department, in addition to Hoa Binh hydroelectricity, the budget revenue of
the central state-owned enterprise sector in the area in November has reached
about 2.8 billion VND, the accumulating sum of 11 months after the
implementation is 86.4 billion VND, reaching 92% of the Government estimate,
reaching 86.5% of the estimate assigned by the People's Council, equaling 96.2%
over the same period last year.
In December, the province's state
budget revenue is expected to be about 1,248 billion VND; the accumulating sum
until December 31, 2022 is expected to be about 6,095 billion VND, reaching
170.2% of the Government estimate, reaching 100% of the estimate assigned by
the Provincial People's Council, equaling 117.5% over the same period.
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.