(HBO) - Hoa Binh province's State budget collection reached 338 billion VND (14.7 million USD) in May, equivalent to 7 percent of the target set in the Resolution of the provincial People's Council, according to the provincial People's Committee.
The figure in the first 5 months of 2021 was estimated at 1.63
trillion VND (71.2 million USD), equal to 38 percent of the Prime Minister's
estimate and 32 percent of the target set in the Resolution of the provincial
People's Council.
Hai Hien Bamboo and Wood joint Stock Company (Mong Hoa Industrial
Park - Hoa Binh city) promotes production and business, actively contributing
to the province's import and export revenue.
Of which, domestic revenue was over 1.43 trillion VND (62.7 million USD), or 35
percent of the estimate by the Prime Minister and 30 percent of the target set
in the Resolution of the provincial People's Council. Revenue from imports and
exports was 199.5 billion VND (8.67 million USD), equal to 100 percent of the
PM estimate and 80 percent of the target set in the Resolution of the
provincial People's Council.
In addition, local budget revenue by the end of May was
estimated at more than 4.77 trillion VND (208 million USD), or 40 percent of
the Prime Minister's estimate and 38 percent of the target set in the
Resolution of the provincial People's Council.
Meanwhile,local budget spending in the five-month period reached 4,7
trillion VND (207 million USD), accounting for 40 percent of the Prime
Minister's estimate and 38 percent of the target set in the Resolution of the
provincial People's Council./.
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.
