(HBO) – At present, the People’s Committee of Hoa Binh City is managing and carrying out 101 projects funded by public investment capital. After adjustment and reduction, total capital allocated to those projects amounts to over 587.7 billion VND this year. Of which, 318.7 billion VND is from official development assistance and over 47.6 billion VND from the State budget. As of September 7, over 91.6 billion VND was disbursed, or 15.6 percent of the assigned plan.
As directed by the Prime Minister and Chairman of the provincial People’s
Committee, disbursement of public investment capital must reach at least 60
percent of the assigned yearly target by September 30. Therefore, it is hard
for the city to meet the requirements.
Thanks to investment capital, the National Highway 70B via Yen Mong commune,
Hoa Binh city is being upgraded.
Specifically,
there are two ODA-funded projects in the city. As of September 7, only 16.66
billion VND was disbursed, or 5.22 percent. Seven other projects are funded by
the central State budget and three used local budget, with a total 28 billion
VND allocated under the 2021 capital plan, but only 5.08 billion VND has been
disbursed so far. Ten projects use additional capital from the district
budget.
According
to the municipal People’s Committee, capital disbursement is slow and delayed
in several projects due to difficulties in compensation and site clearance. The
municipal authorities are directing investors to take next steps to ensure the
progress of disbursement as committed after completing procedures for project
adjustment.
Regarding
the northern mountainous urban area development programme, the municipal
authorities issued Document No.2482/UBND-ODA in July asking to receive ODA
capital for the first time in 2021. At a recent meeting with the provincial
authorities, Chairman of the municipal People’s Committee Bui Quang Diep said
the city has promptly completed necessary procedures required by the provincial
People’s Committee and the Ministry of Construction. After the ministries of
construction, finance, planning and investment allow the city to receive the
capital, the municipal authorities will pay back the 100 billion VND advance to
the provincial budget and pay over 50 billion VND for completed work by contractors.
So
far, the relevant ministries have allowed the first capital withdrawal under
the northern mountainous urban area development programme. Therefore, the city
could disburse about 150 billion VND, thus meeting the requirement of
disbursing at least 60 percent of the assigned plan by September 30./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.