(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./.
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.
