(HBO) - In the first quarter of 2019, Hoa Binh’s State budget collection completed 22 percent of the year’s target, up 4 percent year-on-year.
The residential area project No.7 in Thinh Lang
ward of Hoa Binh city has helped create revenue from land use auctions for the
State budget.
Especially, the work made by the provincial Department
of Customs saw good results. The agency collected 69 billion VND in the first
three months of the year, equal to 53 percent of the plan set for the whole
year by the provincial People’s Council.
The department was requested to promote administrative reform and facilitate
enterprises’ operation to increase budget collection.
The province’s State budget collection is hoped to reach 4 trillion VND, up
about 200 billion VND compared to the target set in the resolution of the
provincial People’s Council.
The provincial Department of Finance has raise the
idea of accelerating the budget collection through implementing the two groups
of key solutions, striving to complete the budget revenue estimation in 2019
and the target of 5 trillion VND set in the resolution of the 16thprovincial Party Congress.
Attention will be paid to supporting enterprises in developing their production
and business.
Revenue will also be made from collecting land use fees and auctions. Compared
to other provinces, Hoa Binh’s revenue from land is very modest, reaching about
700 billion VND, only half of the land use fee of Son La province. If the
locality collects about 800 billion VND from land-related services and the
total revenue from districts and Hoa Binh city increases about 7 percent, it is
likely to realise the budget collection target of 5 trillion VND by 2020.
The provincial
People’s Committee has devised many measures to improve business environment and
overcome difficulties facing local enterprises’ production and business, as
well as support investors to soon put their projects into operation, towards
creating sustainable and stable revenue resources for the State budget. /.
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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