(HBO) – As the COVID-19 pandemic has been put under control, business, trade and service activities in Hoa Binh have recovered and developed strongly, with effective operation of markets, shopping centres and supermarkets.
Leaders of provincial
Department of Industry and Trade and local authorities inspect the trading of
necessities as well as the prices and quality of products (Photo taken at
Vinmart supermarket in Vincom Plaza in Hoa Binh city)
In the first six months of this year, total retail and service revenue of Hoa
Binh reached 27.23 trillion VND (1.16 billion USD), up 25.75 year on year,
fulfilling 51.9% of the yearly target.
As of the end of July, the province welcomed 1.68 million tourists, reaching
65.1% of its yearly goal, including 60,000 foreigners, earning about 1.9
trillion VND.
Pham Tien Dung, Director of the provincial Department of Industry and Trade,
said that along with strict control of the market through inspection and
monitoring activities, the province has promoted trade and service activities
through many events, including the 31st Southeast Asian Games and a number of
trade fairs.
This year, the province will allow local enterprises to organise 3-5 trade
fairs, and an ornamental creature exhibition with the participation of 40
cities and provinces nationwide.
The province has also rolled out measures to prevent smuggling and trade fraud,
he added.
Dung said that in the rest of this year, Hoa Binh aims for 25.23 trillion VND
in total retail sales of goods and services. To this end, Hoa Binh will
continue to control commodities’ prices, while building plans to supply goods
during the Lunar New Year, and focusing on promoting e-commerce./.
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.