(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./.
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.
