(HBO) – According to the Hoa Binh Department of Finance, relevant agencies have kept a close eye on supply-demand and market prices, and taken measures to stabilise prices of necessities serving people’s demand so as to devise timely measures and avoid unreasonable hikes. Therefore, prices in districts and Hoa Binh city remain stable, especially of foodstuff.
Some firms in Hoa Binh province
engage in a programme to stabilise prices and increase consumption (Photo taken
at Vincom Plaza mall in Hoa Binh city).
In addition to petrol price hike, prices of
some agricultural materials like seeding and insecticides marginally increased,
so did those of necessities like vegetables, meat, fish and medical supplies
for COVID-19 prevention and control.
Business activities in markets in Hoa Binh
city was not as boisterous as previous months, while fresh food and vegetables
were not as abundant as that before Tet (Lunar New Year) holiday. Prolonged
cold weather delivered a heavy blow to agricultural production, and many
traders and shop owners contracted COVID-19, affecting the supply.
Besides, thousands of COVID-19 cases were
reported daily, and families had to quarantine, resulting in a surging demand
for food and medicine.
As COVID-19 and natural disasters are
forecast to be still unpredictable, and petrol prices are on the rise, relevant
agencies have been asked to closely work together in price management and
market stabilisation.
Vice Chairman of the provincial People’s
Committee Quach Tat Liem asked for stepping up communications, minimising
impacts of price hike, and avoiding rumours that affect the market.
Relevant agencies were urged to build a
programme to stabilise the market which requests distributors, wholesalers and
retailers to maintain prices of pork, as well as join hands with the
surveillance force to increase inspections on traders’ activities to prevent
speculation.
Together with price management in all
fields, the provincial People’s Committee asked for inspections of land
regulation implementation and land prices in particular so as to sustain the
real estate market and timely handle violations, and publicise information on
land planning and roadmap, among others.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.