(HBO) – Hoa Binh province collected more than 3.69 trillion VND (162.73 million USD) for the State budget in the first 10 months of 2021, according to the provincial People’s Committee.
Photo: The AP
Plaza trade centre, based in Dong Tien ward of Hoa Binh city, has maintained
stable operations, thus considerably contributing to the State budget.
The revenue includes more than 3.33 trillion VND
from domestic sources, equivalent to 80 percent of the target set by the Prime
Minister and 69 percent of the target set by the provincial People’s Council.
Meanwhile, the collection from export and import was estimated at over 361.74
billion VND, equivalent to 181 percent and 145 percent of the respective
targets set by the PM and the People’s Council.
Besides, almost 11.07 trillion VND was collected
for the local budget during the 10 months, equivalent to 93 percent and 88
percent of the figures eyed by the PM and the provincial People’s Council,
respectively./.
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.
