(HBO) - Hoa Binh has met its goals set for import-export turnover in the 2015 – 2020 period, with the figure increasing from 545.5 million USD in 2015 to about 1.9 billion USD in 2020. As such, the average annual trade growth was recorded at 28.5 percent on average, with the export value raising 29.61 percent on an average annual basis. During the period, the province always enjoyed a trade surplus.
Customers explore
products made by the branch of Truong Thinh Cable Co., Ltd in Hoa Son commune
in Luong Son district.
Despite being hit hard by the COVID-19
pandemic since the beginning of the year, the local import-export has gradually
become stable.
Between January and September, Hoa Binh
shipped products overseas for over 645.23 billion USD, up 7.64 percent on year
and fulfilling 62.52 percent of its yearly target. The province’s trade revenue
is expected to hit 1.9 billion USD this year, with export and import values
reaching 987 million USD and 920.5 million USD, marking annual increases of
24.8 percent and 44.96 percent, respectively.
The Hoa Binh Department of Industry and
Trade said the province’s trade expanded significantly in the past five years
with an average annual growth rate of 25 percent. As of 2020, the local export
was ranked fifth and sixth in terms of revenue and per capita revenue in the
region, respectively./.
Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh chaired the regular October meeting of the provincial People's Committee to review 2024 socio-economic performance.
Taking advantage of favourable weather conditions, constructor is speeding up the construction of technical infrastructure at Tien Tien industrial cluster in Quang Tien commune of Hoa Binh city. So far, the construction of important infrastructure works in the industrial cluster such as the operation office, wastewater treatment plant, power supply system, clean water supply system, fire prevention and fighting system, rainwater drainage system, and internal traffic roads has been completed.
Numerous credit solutions have been implemented by local banks in Hoa Binh province to support individuals and businesses affected by Typhoon Yagi. These measures include debt rescheduling, providing in-depth financial advice, and offering interest rate reductions based on the extent of damages.
Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.
In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.
Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.
