(HBO) - According to Hoa Binh’s Tax Department, by the end of 2019, the province has collected an estimated 4 trillion VND for the State budget, a 18 percent increase from a year earlier.
Auction of land use rights considerably
contributes to the province’s State budget revenuethis year. The expanded Bac Tran Hung Dao project is
underway in Hoa Binh city.
The figure is
also 30 percent higher than the goal assigned by the Prime Minister and 5
percent higher than that set by the provincial People’s Council.
Of the amount,
3.75 trillion VND has been collected from domestic sources, up 16 percent year
on year. It is 26 percent higher than the target set by the Prime Minister and
2 percent higher than that by the provincial People’s Council.
The remainder,
250 billion VND, has been from import and export activities, up 89 percent year
on year. The sum surpassed the
target set by the Prime Minister by 127 percent and that of the provincial People’s Council by
92 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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