(HBO) – Over the recent past, the People’s Committee of Hoa Binh city has directed local agencies, wards and communes to strengthen measures to manage and exploit income sources to avoid losses in State budget collection.
A project to upgrade provincial Road 435 crossing Hoa Binh city and Cao
Phong district has received priority in public investment. Its progress is
being sped up.
In the first four months of this year, total State budget collection of the
city reached 153.8 billion VND (6.69 million USD), completing 28.74 percent of
the yearly target, including 20.46 billion VND from land use tax, equivalent to
9.1 percent of the yearly estimate. Income from taxes and fees was 133.3
billion VND, fulfilling 43.29 percent of the yearly target. Besides, expenditure from the city's budget
in the four months was 480.3 billion VND.
Currently, the municipal People’s Committee is managing 96 projects using
public capital with total investment of over 3.07 trillion VND. The city has
also been allocated 536.92 billion VND in 2021.
Specifically, the city is running two ODA projects with a combined capital of
312.52 billion VND, 12 projects using the provincial budget with a total
capital of 45.8 billion VND, of which disbursement by the end of April reached
over 1.3 billion VND, along with 82 projects using districts' budget with 2021
capital of 174.6 billion VND, of which 23.17 billion VND, or 13 percent, had
been disbursed by the end of April./.
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.
