(HBO) – Hoa Binh province’s State budget collection reached more than 1.09 trillion VND (47.6 million USD) in the first two months of 2022, up 60.4 percent year on year and equal to 17.1 percent of the target set by the provincial People’s Council for the entire year.
Of the
sum, budget collection from imports and exports is estimated at 91.4 billion
VND and domestic revenue at over 1 trillion VND.
Hai Hien Bamboo and Wood JSC at Mong Hoa Industrial Park in Hoa Binh
city promotes production and business, actively contributing to the province's
import-export revenue.
The provincial steering committee for the state budget collection said despite
the socio-economic impact of COVID-19, the state budget revenue grew well in
January and February.
It attributed the outcome to a number of firms having more taxes to pay for.
The committee requested agencies and authorities involved coordinate to support
tax payers in recovering their production and business activities and
strengthen budget collection management right from the beginning of the year so
as to achieve the set goals./.
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.
