(HBO) – Production and business activities in Hoa Binh province recorded good growth in 2019, according to the provincial Department of Industry and Trade. Industrial and handicraft firms maintained effective operation, while the industry and service sectors accounted for a higher percentage of the province’s gross regional product. Key products of Hoa Binh posted increases compared to the same period last year and surpassed the year’s plan.
Hoa
Binh-based Sankoh Vietnam Company Limited makes significant contribution to the
province’s industrial growth with its export turnover reaching more than 17
million USD. The firm created jobs for over 1,200 local workers.
The province’s industrial production value
was estimated at 37.39 trillion VND (1.61 billion USD) in 2019, a year-on-year
rise of 15 percent and exceeding the yearly plan by 0.01 percent.
During the year, local firms worked to
reduce reliance on sub-contracting and assembling, while investing more in technology
and production equipment. Garment-textile and electronic component
manufacturing enjoyed high growth.
Notably, the production of electronic
devices posted a 2.27 percent increase year-on-year and surpassed the yearly
plan by 0.05 percent, while lens output saw a 0.84 percent rise against the
same period last year, and surpassed the yearly plan by 0.19 percent.
The output of several products in
processing, manufacturing and mining also saw positive growth. Cement and stone
posted increases of 0.53 percent and 10.53 percent, exceeding the year’s plans
by 5.56 percent and 2.44 percent, respectively./.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
