HBO - Hoa Binh province’s Taxation Department targets to collect 1.42 trillion VND in budget revenue in the first half of the year, accounting for 48 percent of the Government’s estimate and 39 percent of the resolution adopted by the provincial People’s Council. To realise the target, the department has been focusing on implementing measures to improve tax administrative procedures, control sources of income, and facilitate tax payers’ payment fulfillment.
Korean Transon
Co., Ltd receives support to carry out its project at Luong Son industrial
park. It has created jobs for 1,600 local labourers.
State
budget collection totalled 705 billion VND in the first quarter, equivalent to
24 percent of the Government’s estimate for the whole year, 19 percent of the
resolution of the provincial People’s Council, 95 percent of the province’s
estimate for the time, and up 4 percent from the same period last year.
Earnings from taxes and fees (excluding land use fees) were reckoned at 672.7
billion VND, equal to 25 percent of the Government’s estimate, 22 percent of
the resolution of the provincial People’s Council, and increasing 7 percent
year on year. Meanwhile, the province collected 32.3 billion VND from land use
fees, making up of 12 percent of the Government’s estimate, 5 percent of the
provincial People’s Committee, and 65 percent of the amount recorded in 2018’s
Q1. It was reported that higher budget collection was made in 9 out of 17 items
subject to tax payment.
Following the direction of the General Department of Taxation and the
provincial People’s Committee, the provincial Taxation Department has
comprehensively implemented a set of tax management measures to fulfill state
budget collection target in Q2 and the whole 2019. Those include accelerating
the tax administrative procedure reform during 2016-2020 as approved by the
Ministry of Finance, reviewing the reform in line with the Government’s Decree
No.02/NQ-CP and the provincial People’s Committee’s Decision No.02/QD-UBND
dated January 2, 2019 on promoting business climate and improving local
competitive capacity in 2019 and the following years.
Besides, increasing communications campaign and training on tax policies,
providing e-service for tax payers, identifying potential areas for tax collection
and enhancing management of tax collection will be put at the first line of
solutions to ensure that all of the business establishments in the province
fulfill their tax payment duties.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
