(HBO) – Over the recent past, the People’s Committee of Hoa Binh city has directed local agencies, wards and communes to strengthen measures to manage and exploit income sources to avoid losses in State budget collection.
A project to upgrade provincial Road 435 crossing Hoa Binh city and Cao
Phong district has received priority in public investment. Its progress is
being sped up.
In the first four months of this year, total State budget collection of the
city reached 153.8 billion VND (6.69 million USD), completing 28.74 percent of
the yearly target, including 20.46 billion VND from land use tax, equivalent to
9.1 percent of the yearly estimate. Income from taxes and fees was 133.3
billion VND, fulfilling 43.29 percent of the yearly target. Besides, expenditure from the city's budget
in the four months was 480.3 billion VND.
Currently, the municipal People’s Committee is managing 96 projects using
public capital with total investment of over 3.07 trillion VND. The city has
also been allocated 536.92 billion VND in 2021.
Specifically, the city is running two ODA projects with a combined capital of
312.52 billion VND, 12 projects using the provincial budget with a total
capital of 45.8 billion VND, of which disbursement by the end of April reached
over 1.3 billion VND, along with 82 projects using districts' budget with 2021
capital of 174.6 billion VND, of which 23.17 billion VND, or 13 percent, had
been disbursed by the end of April./.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
