The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.

As of March 20, the province had disbursed some 255.85 billion VND, fulfilling 7% of the capital allocation plan assigned by the PM and the provincial People's Committee. It is projected that by the end of the first quarter, the disbursement of public investment funds will reach 15% of the plan.

The provincial People's Committee is urging agencies across all levels, relevant sectors, and investors to accelerate the implementation of tasks and solutions to disburse all of the allocated funds. Priorities should be given to the removal of difficulties and obstacles in land clearance and valuation, the expedition of project progress, the prompt completion of procedures for converting land use purposes, and the acceleration of land use fee collection to ensure funding for approved projects according to the plan./.

Related Topics


Hoa Binh on track to exceed socio-economic targets

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.

Hoa Binh makes efforts to develop infrastructure in industrial clusters

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.

Banks offer credit support to victims of typhoon Yagi

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.

Party member brings Muong Vang turmeric starch far and wide

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.

Fair to display and introduce typical products of ethnic minority and mountainous areas

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.

Farmers enjoy good harvest, good prices of Cao Phong orange

Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.