(HBO) – Since the year’s beginning, the Hoa Binh provincial People’s Committee has ordered departments, relevant sectors, and localities to push ahead with measures to promote trading and services, improve goods quality, and combat smuggling, trade fraud, and counterfeits. The market stabilisation programme and the "Vietnamese people prioritise Vietnamese goods” campaign have also been carried out widely, winning over strong support from the public.
The Vincom centre in Hoa Binh city’s Dong Tien ward
has ensured sufficient and quality goods supply for local consumers.
In the first quarter of 2021, the province
recorded moderate growth in the flow of goods and services. A wide range of
goods have been sold at reasonable prices, especially food distributed via
supermarkets and trade centres, thus meeting local production and consumption
demand.
Total retail sales of goods and consumer service
revenue were estimated at 10.965 trillion VND (nearly 475.4 million USD), up
almost 18 percent year on year and equivalent to 24.66 percent of this year’s
target.
Meanwhile, the Q1 consumer price index (CPI)
increased by less than 1 percent from the same period last year./.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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