(HBO) – In 2017, Hoa Binh city paid attention to developing industries which had advantages in materials and market. It also created optimal conditions to draw more investment in the locality, especially in industrial parks on the left bank of Da River.
The 3/2 garment export
firm (Hoa Binh city) has generated stable jobs for hundreds of labours over the
years.
Accordingly, industry and small
industry - handicraft of the city witnessed good growth. The city is currently
home to 80 industrial firms, a decrease of 3 firms against 2016, with 6,408
labours.
Of the total number, there
were 4,974 people working in foreign-invested enterprises, or 77.6 percent of
labourers in the sector. Meanwhile, 1,228 household businesses in small
industry - handicraft employed 2,326 workers.
The industrial production value
of the city is estimated to hit 3.090 trillion VND (136.39 million USD) in 2017,
up 14.99 percent year-on-year and 5.8 percent compared to the yearly plan.
Of the figure, enterprises
in the locality accounted for 2.51 trillion VND, a 14.6 percent increase
against 2016 while household businesses contributed 580 billion VND, up 16.9
percent year-on-year./.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
