(HBO) - The COVID-19 pandemic and long-lasting water shortage at reservoirs are hampering Hoa Binh province’s State budget collection.
Over the past years, Son Thuy joint Stock Company in
Hoa Binh city’s Mong Hoa commune has stood out in production-business and State
budget collection.
In July, State budget collection is
estimated at 465.1 billion VND, equal to just 9 percent of the target signed by
the provincial People’s Council. It is estimated to reach 1.87 trillion VND in
the first seven months of 2020, of which domestic collection reached 1.738
trillion VND, equivalent to 41 percent of estimates assigned by the Prime
Minister and 36 percent of the target set in the provincial People’s Council
resolution.
Collection from import-export activities is
estimated at 135.5 billion USD, equal to 75 percent of estimates assigned by
the Prime Minister and 62 percent of the target set in the provincial People’s
Council resolution.
In addition, local budget collection is
estimated at 8 trillion VND during January-July, equal to 75 percent of
estimates assigned by the Prime Minister and 62 percent of the target set in
the provincial People’s Council resolution./.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
