(HBO) - According to the Q1 socio-economic report of the provincial People's Committee, the State budget revenue in March is estimated at 439.8 billion VND, equal to 9 percent of the target assigned in the provincial People's Council’s Resolution. The collection in the first three months is estimated at 902.5 billion VND, equivalent to 20 percent of the estimate assigned by the Prime Minister and 18 percent by the provincial People's Council.
Japanese-invested Sanko Vietnam Co., Ltd, in Huu Nghi ward of Hoa Binh
city generates jobs for workers, and well fulfills tax obligations.
Of the total, domestic revenue was 818.8 billion VND, equal
to 19 percent of the estimate assigned by the Prime Minister and equal to 17
percent of that set in the Resolution of the provincial People's Council, while
revenues from import and export were 83.7 billion VND, equal to 48 percent of
the estimate assigned by the Prime Minister and 38 percent in the Resolution.
Local budget collection in March is estimated at 2.15
trillion VND, equal to 17 percent of the target set in the provincial People's
Council’s Resolution, bringing the total in the first quarter of 2020 to 3.93
trillion VND, equivalent to 31 percent of the estimate assigned by the Prime
Minister, or 30 percent of that set in the Resolution. Of the total, the
additionally balanced revenue from the central budget was 1.37 trillion VND and
the targeted additional revenue from the central budget was 815.8 billion VND.
Local budget spending is estimated at 1.25 trillion VND in
March and 3.98 trillion VND in the first three months of 2020. Of the total,
development investment expenditure was 685.5 billion VND, regular spending was
2,412.2 billion VND and spending from the central budget’s targeted
supplementary resources was 885.8 billion VND./.
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.
