(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./.
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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