(HBO) – Under the leadership of the provincial Party Committee, Hoa Binh province has obtained several significant outcomes during the implementation of the Party Central Committee’s Resolution No. 05-NQ/TW, which specified some major policies aimed at continuing to reform the growth model and improve growth quality, labour productivity, and competitiveness of the economy.
Hoa
Binh province has mobilised resources for developing infrastructure and
promoting growth. Photo: Hoa Binh 3 Bridge has helped fuel trade and urban
development in Hoa Binh city.
The province recorded average annual growth of
6.31 percent between 2016 and 2020, the size of the local economy was expanded
from 36.85 trillion VND in 2016 to 51.96 trillion VND (nearly 2.3 billion USD
at the current exchange rate) in 2020, and per capita gross regional domestic
product (GRDP) reached 60.3 million VND last year. The local economy has seen
expanding industry and service sectors and had its dependence on natural
resources gradually reduced.
During the period, agriculture grew by some 3.98
percent, a pace almost doubling the national average, making Hoa Binh one of
the best performers in this regard in the northern mountainous region.
Outstanding outcomes have been achieved in building new-style countryside, with
55 of the 129 communes and three of the 10 district-level localities recognised
as new-style rural areas, and 12 communes meeting advanced standards.
The growth quality in many aspects has been
promoted, with science - technology making more contributions, labour
productivity rising 10.38 percent annually on average, and investment capital
used more effectively, and the total factor productivity making up about 27.02
percent of local growth.
Meanwhile, the province’s intellectual property
development programme has helped boost the registration for industrial and
intellectual property rights over many products. It has assisted businesses and
people to commercialise and enhance the competitiveness of local specialties.
Hoa Binh has also effectively managed and used
resources for infrastructure building and socio-economic development. A number
of structures have been put into operation, helping attract investment to
eco-tourism, urban development, industry, and trade. Many projects have proved
useful for facilitating production and improving people’s living standards.
However, the Standing Board of the provincial
Party Committee admitted that apart from achievements, there remain certain
shortcomings and weaknesses in the economic restructuring and growth model
reform process.
To maintain achievements, address shortcomings,
and continue implementing the resolutions of the Party Central Committee and
the provincial Party organisation, the Standing Board of the provincial Party
Committee has ordered the building of a resolution on economic restructuring
and growth model reform so that the local economy will be on par with the
national average.
Ngo Van Tuan, member of the Party Central
Committee and Secretary of the provincial Party Committee, stressed that the
Standing Board’s resolution must aim at successfully implementing the
resolution of the 17th provincial Party Congress and match the local reality.
It needs to clarify resources, assign detailed tasks, and orient the 2021 -
2025 economic development towards turning agriculture into the foundation,
industry into the breakthrough, and tourism into the spearhead sector./.
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.
