HBO - The north-western province of Hoa Binh continued to record a rise in export-import revenues in the first quarter of 2019, said the provincial Department of Industry and Trade. It made an export value of over 168.5 million USD in the period, an increase of 17.43 percent year-on-year, or 21.33 percent of the year’s plan.
The 100 percent foreign-invested Pacific Company
Limited makes remarkable contributions to Hoa Binh province’s farm produce export.
Of the figure, export of goods hit about
158.71 million USD, up 18.18 percent against the same period last year and
21.22 percent of the yearly plan. Besides, export of services stood at 9.8
million USD, rising 6.41 percent and equivalent to 23.33 percent of the annual
plan.
Meanwhile, import values reached 134.57
million USD, expanding by 23.46 percent year-on-year and meeting 21.19 percent
of the year’s plan.
Statistics showed that the province is
currently home to 30 firms engaging in export activities. Electronic devices,
garment-textile and farm produce remain as the province’s key export staples.
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.
