(HBO) - Activities have been promoted around Hoa Binh province under the market stabilisation program and the "Vietnamese people give priority to using Vietnamese goods” campaign since the beginning of the year.
Trade and services have posted
relatively high growth, with an abundant supply of goods at reasonable prices meeting
the production and consumption needs of the market.
(Consumer purchasing power in the province increased
sharply in April, a positive sign for economic recovery and development.)
The total retail sales
of goods and services in the province in April was estimated at 7,750 billion
VND, up 3.33 percent compared to March. The figure for the first 4 months of the
year was estimated at 14,650 billion VND, up 15.03 percent over the same period
last year and representing 27.92 percent of the annual plan.
The CPI in April,
meanwhile, was estimated to have increased 0.21 percent month-on-month, with food
and catering services and tourism the main contributors. Rising gasoline prices
was behind the increase in a number of goods.
The Provincial People’s
Committee has focused on directing relevant departments, branches, and
localities to strengthen trade promotion and market management and create the conditions
needed to boost domestic trade and exports and maintain and improve the
efficiency of business links./.
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.