(HBO) - According to statistics from the Provincial Tax Department, by November 2022, the revenue of the State budget from Hoa Binh Hydropower Company has reached 701 billion VND, of which the Company overpaid 100 billion VND in 2021, thus accumulative sum of 11 months this year, the estimated contribution of Hoa Binh Hydropower Company to the State budget is 601 billion VND.
In November, the company's
electricity output is estimated at 0.3 billion kWh, the revenue is about 28.6
billion dongs; the accumulative electricity output of 11 months has reached 8.5
billion kWh, equaling 113.3 percent of the same period.
Also, according to the provincial
Tax Department, in addition to Hoa Binh hydroelectricity, the budget revenue of
the central state-owned enterprise sector in the area in November has reached
about 2.8 billion VND, the accumulating sum of 11 months after the
implementation is 86.4 billion VND, reaching 92% of the Government estimate,
reaching 86.5% of the estimate assigned by the People's Council, equaling 96.2%
over the same period last year.
In December, the province's state
budget revenue is expected to be about 1,248 billion VND; the accumulating sum
until December 31, 2022 is expected to be about 6,095 billion VND, reaching
170.2% of the Government estimate, reaching 100% of the estimate assigned by
the Provincial People's Council, equaling 117.5% over the same period.
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.
