(HBO) - Hoa Binh’s industrial production index in August 2023 increased by 17.65% compared to the previous month, but declined by 10.08% year-on-year, the provincial Statistics Office has reported.
Hoa Binh HKK Knitting Co., Ltd is one of the foreign-invested enterprises that are investing in the Da River Left Bank Industrial Park in Hoa Binh city. Its production activities generate jobs for over 500 labourers.
Of the figure, the mining industry saw a decline of 6.12% compared to July, but surged by 53.91% over the same period last year. The manufacturing and processing industry's index rose by 6.86% from the previous month, and 4.86% over the same period last year. Meanwhile, the index of the water supply industry was up 4.73% month-on-month, but fell by 11.5% year-on-year.
The decrease in the industrial production index in August compared to the same period last year was attributable to the prolonged drought this year, with its peak occurring in June and July, which caused the lack of water for electricity production.
Electricity production in the month reached an estimated 940 million KWh, up 201 million KWh or 27.23% compared to that reported in July, but down 206 million KWh or 17.9% from the same month of 2022.
The locality’s electricity production in the first eight months of 2023 was estimated to reach 5,395 million kWh, a decrease of 1,974 million kWh or 26.7% year-on-year.
After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.
Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness
The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.
Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.
The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).
As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.
