(HBO) – According to the Hoa Binh People’s Committee, the COVID-19 pandemic is affecting trade exchanges between Vietnam and China in the first six months of 2020 as well as the supply of materials for production.
Midori Apparel Vietnam (Hoa Binh) at Luong Son industrial park
maintains stable production, contributing significantly to the provincial
export turnover.
In the second quarter, export activities face challenges when the pandemic remains complicated in the Europe, the US, and the Middle East. Countries are applying closure measures and restriction of traveling, which seriously affect the local trade activities.
In January-June, the local export turnover was estimated at over 371.9 million
USD, a year-on-year decline of 4.95 percent. Of this, exports reached 351.73
million USD, down 5.26 percent, while imports increased 0.96 percent to 301.7
million USD./.
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.
