(HBO) – Despite difficulties caused by the COVID-19 pandemic since early this year and global uncertainties, Hoa Binh province’s socio-economy has been heading to recovery thanks to drastic directions of the provincial Party Committee, authorities and efforts of business community.
Luong Son Industrial Park draws many businesses at home and abroad, contributing to local socio-economic development (Source: Midori Apparel Vietnam Hoa Binh Co. Ltd).
By now, the province’s GRDP growth is estimated at 9.38%, surpassing the plan. The total social investment accounts for 33% of GRDP to 18.72 trillion VND (813 million USD), higher than the target. The total State budget collection is estimated at 6.41 trillion VND, export turnover over 1.4 billion USD, imports more than 1 billion USD, meeting the targets.
Up to 54 billion VND in interest rates of loans worth over 9.9 trillion VND has been waived or reduced for 82,441 borrowers. More than 5.2 billion VND has been disbursed for 11 businesses in support of employees in difficulties caused by the pandemic.
The provincial authorities regularly monitor the situation and tackle difficulties in production and trade. The industrial production index is estimated at over 41.6 trillion VND, up 14.3% year on year. The total retail of goods and services reach more than 53.4 trillion VND, up 20.27% from the same period last year, or 101.9% of the yearly plan.
The total tourist arrivals in the province hit 2.58 million, up 98.5% annually while the total tourism receipts stood at 2.4 trillion VND, marking a 118.2% increase annually, all meeting the targets.
According to Director of the provincial Department of Planning and Investment Nguyen Van Thang, the disbursement of official development assistance remains low.
In order to fulfill the 2022 socio-economic targets, the provincial People's Committee directed agencies and localities to step up digital transformation effectively, and regularly update market situation to come up with plans to ensure supply of necessities, especially during the Lunar New Year 2023, toward fulfilling yearly budget collection tasks to the best of its ability./.
Local people across Hoa Binh province enjoyed the festive spirit of the 2025 Lunar New Year (Tet) with joy, cultural traditions, and heartfelt family gatherings.
During this Lunar New Year (Tet), residents of Vay Nua commune, Da Bac district are joyfully celebrating the arrival of spring with various festive activities. Along the main road of the commune, a newly installed solar-powered streetlight system stands out, completed just before Tet. Funded by Agribank Hoa Binh with a total investment of approximately 80 million VND (over 3,100 USD), the project has already proven beneficial. Not only does it enhance the rural landscape, but it also improves road safety and security, adding to the New Year’s cheer for the people of Vay Nua.
Nestled in Tan Lac district, Van Son commune boasts a breathtaking landscape reminiscent of a serene, poetic painting. Winding roads gracefully embrace the hillsides, enhancing the commune’s natural charm. As spring spreads its vibrant colours, the lives of local people continue to improve day by day.
The trade union of Hoa Binh province’s industrial parks has presented meaningful gifts to workers with difficulties, ensuring that they will have a warm Lunar New Year (Tet) holiday.
According to the Department of Agriculture and Rural Development's report, in 2024, the appropriate authorities regularly propagated and disseminated forest protection management, forest development, and forest fire prevention and fighting.
The Lunar New Year, At Ty, 2025 is approaching. The gardeners in the peach growing area of Toan Son commune (Da Bac) are busy transporting, bringing spring to every home. Throughout the villages, peaches are grown everywhere, gradually becoming an effective economic model to help the people have a warm and full spring with their families.
