(HBO) - Hoa Binh’s industrial production index in August 2023 increased by 17.65% compared to the previous month, but declined by 10.08% year-on-year, the provincial Statistics Office has reported.
Hoa Binh HKK Knitting Co., Ltd is one of the foreign-invested enterprises that are investing in the Da River Left Bank Industrial Park in Hoa Binh city. Its production activities generate jobs for over 500 labourers.
Of the figure, the mining industry saw a decline of 6.12% compared to July, but surged by 53.91% over the same period last year. The manufacturing and processing industry's index rose by 6.86% from the previous month, and 4.86% over the same period last year. Meanwhile, the index of the water supply industry was up 4.73% month-on-month, but fell by 11.5% year-on-year.
The decrease in the industrial production index in August compared to the same period last year was attributable to the prolonged drought this year, with its peak occurring in June and July, which caused the lack of water for electricity production.
Electricity production in the month reached an estimated 940 million KWh, up 201 million KWh or 27.23% compared to that reported in July, but down 206 million KWh or 17.9% from the same month of 2022.
The locality’s electricity production in the first eight months of 2023 was estimated to reach 5,395 million kWh, a decrease of 1,974 million kWh or 26.7% year-on-year.
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.
