(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./.
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.
