(HBO) - Hoa Binh province’s State budget collection in the last eight months reached over 2.12 trillion VND, equal to 48 percent of the estimate assigned by the Prime Minister and 42 percent of the target set in the resolution of the provincial People's Council.
In August alone, the locality’s State budget collection was
estimated to reach 445.2 billion VND, equivalent to 9 percent of the set plan.
Of the eight-month total, domestic revenue reached over 1.97 trillion VND,
equal to 46 percent of the estimate assigned by the Prime Minister and 41
percent of the target set in the resolution of the provincial People’s Council.
Revenue from local import and export activities was estimated at 148.6 billion
VND, equal to 83 percent of the estimate assigned by the Prime Minister, and 68
percent of the target set in the Resolution of the provincial People’s Council.
The local budget revenue reached nearly
8.9 trillion VND in the last eight months, equivalent to 71 percent of the
estimate assigned by the Prime Minister, and 68 percent of the target set in
the resolution of the provincial People’s Council.
Meanwhile, the local budget expenditure
was estimated at 7.88 trillion VND, equivalent to 63 percent of the estimate
assigned by the PM, and 61 percent of the target set in the resolution of the
provincial People’s Council./.
Being located more than 10 km from the center of Hoa Binh city, Sen Vang Organic Farm is in Dong Chua hamlet, Thong Nhat ward. This is an ideal destination for those who want to immerse themselves in the nature and find the peace after the hustle and bustle of life. With an area of over 60 hectares, the farm is systematically planned, harmoniously combining the wild natural landscape and diverse experience areas. Sen Vang chrysanthemum tea is produced from organic, completely natural ingredients.
In 2024, Hoa Binh province witnessed signs of economic recovery, particularly in investment attraction. Notably, several projects are showing good progress, indicating that the vitality of businesses is positively correlated with the overall economic recovery.
The 25th Party congress of the Lac Thuy district for the 2020-2025 term identified the development of industry, trade, and services as its top priorities to drive the shift of the economic structure towards increasing the proportion of industry and services while reducing the that of agriculture, thus contributing to creating a motivation for socio-economic development in the locality.
Hoa Binh HKK Knitting Co. Ltd., located in the Hoa Binh Left Bank Industrial Zone, employs nearly 500 local workers with an average monthly salary of 8 million VND (3,150 USD).
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.
