(HBO) - Hoa Binh province’s local budget revenue was estimated at 2.36 trillion VND in June, raising its total local budget collection in the first half of this year to 7.14 trillion VND, equal to 60 percent of the estimate assigned by the Prime Minister and 57 percent of the plan set in the Resolution of the provincial People’s Council, and up 25 percent year-on-year, according to data reported by the provincial People's Committee.
In the first six
months of 2021, the local budget prioritized spending on the prevention of the
COVID-19 pandemic, thus contributing to ensuring safety in the province.
Of the total, regulation revenue is estimated at over 1.91
trillion VND, balancing transfers at over 2.881 trillion VND, and target
transfers at 844 billion VND.
Also in the first half of the year, local budget expenditure is
estimated at 6.26 trillion VND, equal to 53 percent of the estimate assigned by
the Prime Minister and 50 percent of the plan set in the Resolution of the
provincial People's Council, and up 2 percent over the same period last year.
Of the total, spending on development investment was 829.6 billion VND, regular
expenditure 4.41 trillion VND and expenditure from target transfers 1.02
trillion VND.
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.
