State budget revenue in Hoa Binh Province is estimated to exceed 6.360 trillion VND by the end of October 2024, equivalent to 211% of the same period last year. Local budget revenue is estimated to exceed 23.400 trillion VND. Local budget expenditure is estimated to reach over 13.770 trillion VND.
To surpass the set targets, the Provincial People's Committee has directed relevant departments and sectors to rigorously and synchronously implement revenue management solutions in the last two months of the year; strictly enforce discipline and regulations in budget revenue management, combat revenue loss, and recover tax arrears. They will review and identify potential revenue sources, and tax areas with revenue loss to promptly have effective policy and management solutions. At the same time, they will organize the execution of the 2024 budget according to the allocated estimates.
Recently, the Standing Committee of Cao Phong District’s Youth Communist Union has actively directed the effective implementation of the models of collective economic development among youth, promoting the start-up movement among the youth, and helping each other develop the economy to get rich in their homeland.
Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.
The year-end is considered a "golden time" to stimulate trade and tourism. Various activities have been organised to seize positive market signals, enhance product branding, and drive socio-economic growth.
Hoa Binh Province currently has over 870
hectares of tea plantations, with six districts having concentrated tea
production areas that boast advantages in soil, climate, history, and
distinctive tea varieties: Yen Thuy, Lac Thuy, Da Bac, Mai Chau, Tan Lac, and
Luong Son.
Recently, Hoa Binh province has continued to review the planning of industrial parks up to 2030 and implemented procedures to prepare subdivision plans for industrial parks as per regulations.
Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.