(HBO) – The prolonged COVID-19 pandemic has adversely affected all socio-economic aspects, including the industrial sector. However, thanks to directions issued by all-level Party committees and administrations, appropriate solutions proposed by relevant agencies to address difficulties and facilitate production and business and, especially, local enterprises’ determination and adaptability, the industrial sector of Hoa Binh has managed to record growth, serving as an important driving force for the province’s socio-economic development.
Starting
manufacturing in February 2020, the ANTONA joint Stock Company, based in Luong
Son Industrial Park, has provided jobs for 60 people with monthly per capita
income of over 5 million VND (220 USD).
Hoa Binh currently accommodates more than 350
industrial production projects, over 60 percent which have become operational.
The province has paid attention to attracting
projects to the high technology, manufacturing, support, and construction
material industries, while prioritising the ones that are environmentally
friendly and efficiently use local materials. It is pushing ahead with
industrial restructuring by promoting spearhead industries and the sectors it
has advantages for. Besides, authorities are also encouraging the sectors
directly producing export items so as to improve their added value.
Speeding up the restructuring of industries,
craft industries, and the rural economy, localities in Hoa Binh are strongly
switching to manufacturing the products that the province has strength in,
forming concentrated production zones, and bolstering the transfer of production,
preservation, and processing technology.
Thanks to appropriate orientations and timely
mechanisms and policies, local industrial production has sustained fair growth.
Some key industries and the sectors Hoa Binh has comparative advantages for
have maintained growth and posted a surge in production output.
On an annual basis, the industry - construction
value has risen by 7.33 percent on average. Meanwhile, the industrial
production value has grown by 13.52 percent and the industrial production index
10.5 percent. The industrial structure has recorded a positive shift as seen in
the processing industry holding a larger proportion and mineral mining
shrinking gradually.
The recent achievements in industrial
development have provided an important driving force for departments, agencies,
and localities in Hoa Binh to perform the task set up in the resolution of the
17th provincial Party Congress: developing the industrial sector into a true
economic impulse that grows fast, sustainably, and effectively, promotes other
economic sectors, helps realise social goals, and raises the percentage of
industry - construction in the local economy to 54 percent by 2025./.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.
The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.
