(HBO) - After five years of implementing Directive 40 issued on November 22, 2014 by the 11th Party Secretariat on the strengthening of Party leadership over social policy credit, the amount of local trusted capital in Hoa Binh has reached over 47.7 billion VND, 41.4 billion VND higher or 691 percent rise compared to that in December 31, 2014. The amount accounts for 1.4 percent of the total capital of the Vietnam Bank for Social Policies in the province.
Of the total, 19 billion VND was sourced from the provincial
budget, up 220 percent compared to that in 2014, while over 28 billion VND was
transferred from the district and city’s budget, a rise of 100 percent over
2014.
So far, 100 percent of the People’s Committees of districts
and city have transferred resources from the budget to the Vietnam Bank for
Social Policies in the province. Localities with high transferred amount
included Hoa Binh City, Kim Boi, Lac Son, Tan Lac and Luong Son districts.
Meanwhile, communal Women Unions also transferred 100
million VND to the bank./.
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.
