In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
According to the directive, the chairman of the committee
mandates all investors to aggressively carry out tasks and solutions to enhance
the disbursement of public investment funds within their jurisdiction and to
closely collaborate with relevant agencies. Emphasis is placed on ensuring that
the acceleration of disbursement goes hand in hand with maintaining the quality
of the construction work and the efficient use of capital.
The directive calls for heightened inspection
and supervision of ongoing projects to ensure compliance with procedures,
investment quality, and approved objectives. For projects concluding or closing agreements in
2024, it stresses the need to maximise resources, urging contractors to
accelerate progress while ensuring construction quality and capital efficiency
for completion within the approved timeframe.
Regarding those about to receive investment, the
directive underscores the importance of speeding up investment preparation
activities and contractor selection processes, as well as ensuring timely
implementation.
Following the approval to extend the 2023
capital plan disbursement period into 2024, investors are urged to promptly
proceed with the projects to ensure 100% capital plan disbursement within the
extended period. Investors are also advised to proactively report
any emerging issues during the implementation phase to authorities for prompt
solution.
Additionally, the committee assigns specific
tasks to various departments, project management boards, and district- and
city-level People's Committees with ODA projects, aiming to ensure planned
disbursements are achieved.
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.
