(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./.
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.
