(HBO) – Hoa Binh province collected about 3.54 trillion VND (150.5 million USD) for the State budget in the first eight months of 2022, according to the provincial People’s Committee.
Hai Hien Bamboo Wood joint Stock Company, based in the
Mong Hoa Industrial Park in Hoa Binh city, has maintained good production and
business performance and substantially contributed to the State budget.
The sum includes over 3.29 trillion VND from
domestic sources, equivalent to 92% of this year’s target set by the Prime
Minister and 54% of that set by the provincial People’s Council; and 248.7
billion VND from exports and imports, equivalent to 79% of the targets set by
the PM and the People’s Council.
Meanwhile, the local budget revenue is estimated
at nearly 11.29 trillion VND, equivalent to 94% and 78% of the respective targets
set by the PM and the provincial People’s Council.
By the end of August, more than 8.76 trillion
VND from the local budget was spent, equivalent to 72% and 60% of this year’s
targets set by the PM and the People’s Council.
It includes about 1.7 trillion VND spent on
development investment and 5.89 trillion VND on frequent expenditure,
respectively representing 40% and 69% of the targets set by the provincial
People’s Council, statistics show./.
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.