(HBO) – Hoa Binh’s industrial production exceeded 3.61 trillion VND (153.33 million USD) in March, a year-on-year increase of 21.6 percent. The figure lifted the total value in the first quarter of this year to over 10.55 trillion VND, up 10.6 percent from the same period last year.
Ho Guom garment firm, located in Phong Phu commune, Tan Lac district,
has maintained stable production, providing jobs for hundreds of local workers.
The provincial People’s Committee said the positive growth was attributable to
the fact that all districts have effectively implemented local industry and
handicraft industry development plan.
Manufacturing and processing remained the industrial sector’s key driver with
significant growth, with increases ranging from 24 – 38 percent recorded in the
production of beverage, steel and cement.
However, the People’s Committee warned that the local industry sector has
relied heavily on production of Hoa Binh Hydropower plant while power blackout
still occurs, affecting production-business activities and people's life./.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
