(HBO) – Despite economic challenges and difficulties, Hoa Binh’s industry and trade sector has kept striving to fulfill assigned goals, making active contributions to the province’s economic growth.
Leaders of departments, agencies visit Lac Son Plastics Co.Ltd in Lac Son district
Last year, 18 out of the 19 targets were met and surpassed. The province’s GRDP growth was estimated at 9.03%, higher than the target. The GRDP per capita reached 66.7 million VND (2,900 USD) while the total State collection hit 6.41 trillion VND.
Local socio-economic growth was partly attributed to constant efforts by the industry and trade sector. The province’s industrial production index went up 16%, higher than the same period last year and the economy’s common growth. Of this, the manufacturing and processing sector expanded by 15%, and electricity manufacturing and distribution up 19%. Industrial production value climbed up 14.3% annually to over 41.6 trillion VND.
Investment in technical infrastructure in industrial complexes saw progress. The province is home to 16 industrial complexes covering a total area of more than 683.2ha. The combined registered capital topped 2.74 trillion VND, while jobs were generated for about 1,300 workers.
The total retail of goods and services was estimated at over 53.48 trillion VND, up 20.27% year-on-year, or 101.9% of the yearly plan.
Local export turnover surpassed 1.43 billion USD, up 18% from the same period last year, with electronics, lenses and apparel textiles continuing to be key currency earners. The total import turnover was over 1 billion USD.
This year, the sector will focus on improving business environment to attract more capital, stepping up industrial promotion to develop industrial and handicraft facilities in the province.
It will also pool resources for the development of infrastructure in industrial parks and complexes, as well as transport infrastructure, develop handicraft industry in combination with tourism and exports.
With achievements in 2022 and set measures, it is believed that the sector will make considerable strides, contributing to the local sustainable socio-economic development and realising Resolution adopted by the 17th provincial Party Congress for the 2020-2025 tenure./.
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.