(HBO) – Hoa Binh province’s gross regional domestic product (GRDP) grew by 16.1 percent in the first half of 2021, the highest in the past three years, the latest data from the provincial Statistics Office shows.
The provincial Statistics
Office announces socio-economic statistics in the first half of 2021.
The
industry and construction posted the highest growth of 32.22 percent during the
period, the office announced in a press conference on June 29.
The
agro-forestry-fishery sector; and services increased 3.57 percent and 5.51
percent, respectively.
As
many as 260 new businesses were established in the province in the first six
months of the year, registering total capital of about 6.48 trillion VND.
Total
retail sales of goods exceeded 4.69 trillion VND, a year-on-year increase of
9.18 percent.
The
office reported that the complexity of the COVID-19 pandemic since the
beginning of the year has taken heavy toll on business and production,
particularly in the fields of tourism and services. Disease outbreaks have also
hit local cattle farming, slowing the reproduction efforts.
The province has also been strengthening preventive measures against the
spread of COVID-19. About 28,200 doses of COVID-19 vaccine have been
administered to priority groups of people in Hoa Binh so far.
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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