(HBO) - Hoa Binh province views investment capital as the key to completing local socio-economic infrastructure. Therefore, aside from effectively using the capital sourced from the state budget, it has mobilised funding from businesses, people, as well as domestic and foreign organisations.
Construction
of Hoa Binh 2 Bridge is being accelerated. Once put into use, the facility will
help complete transport infrastructure of Hoa Binh city.
The total investment capital raised from society
over the last five years is estimated at 80.2 trillion VND (3.4 billion USD),
including 10.73 trillion VND of public investment capital spent on developing
transport facilities, industrial parks, urban infrastructure, power supply,
water supply and drainage, education, health care, tourism, and production and
business development.
Under the motto of "transport must be developed
first to pave the way”, between 2016 and 2020, many key transport lines have
been built and upgraded, thus creating an important driving force for local
socio-economic development and attracting investment to the province. Prominent
among them are Hoa Lac – Hoa Binh Road, the Xuan Mai – Hoa Binh section of
National Highway 6, the first 23km of Provincial Road 433, Provincial Road 435,
the inter-district road in mountainous Lac Son and Tan Lac districts, Hoa Binh
3 Bridge, Hoa Binh 2 Bridge, and Trang Bridge. The province is also speeding up
investment in the road linking National Highway 6 with Chi Lang Road, and Hoa
Binh – Moc Chau Expressway under the public-private partnership format.
So far, Hoa Binh province has had 10,446km of
roads, a majority of which have been asphalted or concretised, increasing by
about 1,442km from 2015. Apart from national highways and provincial and
district roads, 78 percent of communal roads in the province have been
concretised or asphalted, the rate of such roads in urban areas is 91 percent,
specialised roads 76 percent, and inter-hamlet roads 61 percent.
Over the last five years, nearly 400 irrigation
works have been upgraded, and more than 250km of canals reinforced as a result
of the greater attention paid to improving essential infrastructure facilities
in rural and disadvantaged areas. Aside from calling for investment to water
supply facilities, information technology, urban areas, and healthcare and
educational establishments, Hoa Binh has also carried out many power supply
infrastructure projects to serve people’s daily life and production demand.
Across the province, 19 traditional markets, one
trade centre and one supermarket have been built and upgraded, and seven
traditional markets renovated, bringing the total number of traditional market
to 93, supermarkets to five and trade centres to three. The development of
trade infrastructure has not only helped improve local living standards, meet
people’s consumption and trading demand, but also encouraged residents,
especially in rural areas, to boost mass production./.
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.
