(HBO) - According to data reported by the provincial People's Committee, by the end of May 2022, Hoa Binh’s State budget revenue is estimated at 2.143 trillion VND (92.33 million USD), of which domestic revenue is 1.954 trillion VND, equal to 55 percent of the estimate assigned by the Prime Minister and 32 percent of the yearly target set in a Resolution of the provincial People's Council; and revenue from import-export activities 189 billion VND, equivalent to 60 percent of the estimate assigned by the Prime Minister and the target of the Resolution of the provincial People's Council.
The Vi Hoa Binh Supermarket (Tan Thinh Ward - Hoa
Binh City) has diversified products, actively contributing to budget revenue.
In addition, local budget revenue is estimated at 6.2
trillion VND, equaling 51 percent of the estimate assigned by the Prime
Minister and 42 percent of the target set in the Resolution.
In the first five months of 2022, local budget expenditures
are estimated at 5.183 trillion VND, equivalent to 43 percent of the estimate
assigned by the Prime Minister, and 35 percent of the target set in the
Resolution, in which spending for development investment is estimated at 767
billion VND, equal to 18 percent of the target assigned in the Resolution;
recurrent expenditure 3.698 trillion VND, equal to 43 percent of the target;
and expenditure from additional target sources from the central budget 716
billion VND, equal to 45 percent of the target./.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
