(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./.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
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