Following the targets set in the resolution of the district People's Council, the People's Committee of Lac Thuy district has directed the steering board for preventing state budget loss as well as agencies, and commune and town administrations to roll out measures to increase revenue and prevent budget loss since the beginning of this year. The district has proactively arranged funds for regular expenditures, prioritising important tasks and resources for social security policies.
During the January –
September period, its collection for the State budget was estimated at 145.7
billion VND (nearly 5.9 million USD), accounting for 90.94% of the estimate of
the provincial People's Committee and 63.3% of the target set in the resolution
of the district People's Council. The total budget revenue of the district was
estimated at 524.9 billion VND, or 90.29% of the estimate of the provincial
People's Committee and 81.33% of the target set in the resolution of the
district People's Council. Its total budget expenditure in the first nine
months reached 515.8 billion VND, representing 88.73% and 79.93%, respectively.
In the last quarter of this
year, the district will step up coordination between tax and finance agencies
and People's Committees of communes and towns in the management of state budget
collection. Communication work on tax policies and laws will be enhanced along
with inspecting tax declarations of organisations and individuals in line with
the provisions of tax regulations.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
