(HBO) - Hoa Binh province’s State budget collection in the last eight months reached over 2.12 trillion VND, equal to 48 percent of the estimate assigned by the Prime Minister and 42 percent of the target set in the resolution of the provincial People's Council.
In August alone, the locality’s State budget collection was
estimated to reach 445.2 billion VND, equivalent to 9 percent of the set plan.
Of the eight-month total, domestic revenue reached over 1.97 trillion VND,
equal to 46 percent of the estimate assigned by the Prime Minister and 41
percent of the target set in the resolution of the provincial People’s Council.
Revenue from local import and export activities was estimated at 148.6 billion
VND, equal to 83 percent of the estimate assigned by the Prime Minister, and 68
percent of the target set in the Resolution of the provincial People’s Council.
The local budget revenue reached nearly
8.9 trillion VND in the last eight months, equivalent to 71 percent of the
estimate assigned by the Prime Minister, and 68 percent of the target set in
the resolution of the provincial People’s Council.
Meanwhile, the local budget expenditure
was estimated at 7.88 trillion VND, equivalent to 63 percent of the estimate
assigned by the PM, and 61 percent of the target set in the resolution of the
provincial People’s Council./.
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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