(HBO) – The Hoa Binh Hydropower Company has recently held a conference to review its operation in 2017 and put forward tasks for 2018.
Last year, the company’s electricity output reached over 11.2
million kWh, exceeding 11.8 percent of the yearly target and making a record
high since the plant began operational.
Electricity
of Vietnam grants certificates of merit to many collectives and individuals for
their outstanding performances.
Statistics showed that production costs were nearly 2.5 trillion
VND (109.7 million USD), in which value added tax was valued at 783 billion
VND, natural resources tax 839 billion VND and forest fees 205 billion VND. The
company contributed over 1.4 trillion VND to the province’s budget in 2017.
According to experts, hydrological developments in the year were
abnormal. The water pouring into Hoa Binh lake was 62.4 billion cu.m, exceeding
the average rate for the first time after eight years, with floods happening
from July to October.
During the flood season, the company opened three discharge
courses, with two-three bottom floodgates opened in a total time of 41 days. In
a big flood in October, the company opened eight bottom floodgates with a discharge
output of 16,250 cu.m per second, the biggest since the plant was put into
operation.
Thanks to the good regulation of water, the Hoa Binh hydropower
plant was protected, while no human losses were recorded and asset losses of
people in lower areas were minimised.
However, the company admitted that there remained some production
violations, especially in obeying power safety regulations.
In the year, the plant’s machines had to stop working 26 times due
to breakdowns in their spare parts. The company conducted a lot of major
repairs, with the total value of 401 billion VND.
With the achieved results, many collectives and individuals of the
Hoa Binh Hydropower Company received certificates of merit and noble rewards
from Electricity of Vietnam and ministries and localities.
In 2018, the company strives to operate the plant safely and
effectively, with the total electricity output of 10.1 million kWh, the water
level of Hoa Binh lake reaching 116 metres and the rate of working halt being
0.99 percent./.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
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