(HBO) - According to reports from the provincial People’s Committee, Hoa Binh’s plan for investment capital sourced by the State budget in 2019 is worth over 2.47 trillion VND. Of the sum, 2.445 trillion VND has been allocated to specific projects.
Only
24.98 billion VND, which belongs to the National Target Programme on
sustainable poverty reduction, has not been allocated to any projects.
Thanks to
the public investment capital resources,construction work has been accelerated on Road No. 435 from Hoa Binh
City to Ngoi Hoa commune
of Tan Lac.
By August 20, the province
disbursed 819.6 billion VND in public investment, equal to 33 percent of the
set plan.
Of the disbursed capital, 574.4
billion VND was from the province’s budget, or 40 percent of the year’s plan, and
169.2 billion VND was from the State budget’s allocation for targeted support.
However, the disbursement of foreign official development assistance (ODA)
reached 22.9 billion VND, or 7 percent of plans, and the rate of disbursement
in capital allocation for the National Target Programme on new rural
development was only 13 percent, equivalent to 53 billion VND.
Meanwhile, no capital for the
National Target Programme on sustainable poverty reduction has been disbursed.
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.
