(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.
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.
