(HBO) – Hoa Binh’s industrial production index was estimated to increase by 23.35% in February against January and 39.07% compared with February 2022.
Sankoh Vietnam Co., Ltd in Hoa Binh
City specialising in manufacturing electronic components greatly contributes to
the export value of the province.
Specifically, the mining industry saw an estimated increase of
8.26%, and processing and manufacturing 15.52%. Electricity, gas, hot water,
steam, and air-conditioning production and distribution grew by about 33.71%.
The water supply, wastewater, and waste management and treatment sectors saw
their indexes decrease by 12.92%.
The overall index of the first two months posted a year-on-year
increase of 4.71%.
Also in February, the local export value neared 120.35 million
USD, up 4.66% against the previous month, up 5.51% compared with the same
period last year, and reached 13.88% of this year’s plan.
Its import turnover was estimated at 94.924 million USD, growing
3.46% against the previous month, 8.01% compared to the same period last year,
and accounting for 17.02% of this year’s plan./.
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.
