(HBO) – State budget collection of Hoa Binh hit 1.03 trillion VND (44.11 million USD) in the first four months of 2020, according to the provincial People’s Committee.
Of the figure, domestic tax was 954.03 billion VND,
equivalent to 22 percent and 20 percent of the amount assigned by the Prime
Minister and the provincial People’s Council, respectively.
Some 261.2 billion VND were collected in April alone, or 5
percent of the target that set in the resolution of the provincial People’s
Council.
Besides, local budget collection is estimated to reach 4.33
trillion VND by the end of April, equal to 42 percent of the amount assigned by
the Prime Minister and 41 percent in the Resolution.
Of the total, the revenue it gets under regulations stood at
767.7 billion VND, the additionally balanced revenue from the central budget
was 3.13 trillion VND and the targeted additional revenue from the central
budget was 1.19 trillion VND./.
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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