(HBO) – Hoa Binh province collected more than 3.69 trillion VND (162.73 million USD) for the State budget in the first 10 months of 2021, according to the provincial People’s Committee.
Photo: The AP
Plaza trade centre, based in Dong Tien ward of Hoa Binh city, has maintained
stable operations, thus considerably contributing to the State budget.
The revenue includes more than 3.33 trillion VND
from domestic sources, equivalent to 80 percent of the target set by the Prime
Minister and 69 percent of the target set by the provincial People’s Council.
Meanwhile, the collection from export and import was estimated at over 361.74
billion VND, equivalent to 181 percent and 145 percent of the respective
targets set by the PM and the People’s Council.
Besides, almost 11.07 trillion VND was collected
for the local budget during the 10 months, equivalent to 93 percent and 88
percent of the figures eyed by the PM and the provincial People’s Council,
respectively./.
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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