(HBO) – Hoa Binh’s industrial production index was estimated to increase by 23.35% in February against January and 39.07% compared with February 2022.
Sankoh Vietnam Co., Ltd in Hoa Binh
City specialising in manufacturing electronic components greatly contributes to
the export value of the province.
Specifically, the mining industry saw an estimated increase of
8.26%, and processing and manufacturing 15.52%. Electricity, gas, hot water,
steam, and air-conditioning production and distribution grew by about 33.71%.
The water supply, wastewater, and waste management and treatment sectors saw
their indexes decrease by 12.92%.
The overall index of the first two months posted a year-on-year
increase of 4.71%.
Also in February, the local export value neared 120.35 million
USD, up 4.66% against the previous month, up 5.51% compared with the same
period last year, and reached 13.88% of this year’s plan.
Its import turnover was estimated at 94.924 million USD, growing
3.46% against the previous month, 8.01% compared to the same period last year,
and accounting for 17.02% of this year’s plan./.
Recently, the Standing Committee of Cao Phong District’s Youth Communist Union has actively directed the effective implementation of the models of collective economic development among youth, promoting the start-up movement among the youth, and helping each other develop the economy to get rich in their homeland.
Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.
The year-end is considered a "golden time" to stimulate trade and tourism. Various activities have been organised to seize positive market signals, enhance product branding, and drive socio-economic growth.
Hoa Binh Province currently has over 870
hectares of tea plantations, with six districts having concentrated tea
production areas that boast advantages in soil, climate, history, and
distinctive tea varieties: Yen Thuy, Lac Thuy, Da Bac, Mai Chau, Tan Lac, and
Luong Son.
Recently, Hoa Binh province has continued to review the planning of industrial parks up to 2030 and implemented procedures to prepare subdivision plans for industrial parks as per regulations.
Da Bac district leverages its abundant grazing lands and diverse food resources to develop goat farming as a key economic model. This initiative not only enhances incomes but also contributes to poverty alleviation and local socio-economic development.
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