(HBO) - From a farmer who have been living in poverty, Mr. Nguyen Duy Lanh in Bot village, Phu Thanh commune (Lac Thuy) has reached to become a typical producer and business model of the district, provincial and national levels.
The farmer Nguyen Duy Lanh invests in egg
hatching machine
In 2004, the new start-up path was officially
opened after he was invited by the Phu Thanh Farmers Association to attend a
training course on citrus development model. He boldly borrowed 2 hectares of
land from the bank, bought yellow oranges and Dien grapefruit for planting.
Four years later, when the oranges, grapefruit were developed and harvested, he
switched to raising chickens with the initial number from 100 to 500 chickens
and increased from 1,000 to 3,000 chickens/ litter.
His family boldly raised 2,000 laying hens,
and bought 4 hatching machines with a capacity of 12,000 pesos per machine. At
that time, the family provided about 30,000 breeding chickens and 20 - 30 tons
of commercial chicken to the market. Three years ago, when the farming economy
tended to develop, he decided to expand the scale of the farm, investing in
building a super lean pork farm with a capacity of 300 pigs per litter. Then,
he built three other porker farms with the capacity of 100 - 200 pigs per
litter. The total porkers in four farms ranged from 600 to 800 pigs.
Since 2012 up to now, Nguyen Duy Lanh's model
of breeding farms combined with animal husbandry has achieved continuous
successes. In 2012, he achieved the total revenue of 2 billion VND, except for
expenses of 1.5 billion VND, he had a profit of 500 million VND. In 2013, the
total revenue was 2.5 billion VND, after deducting the cost of 1.8 billion VND,
he gained a profit of 700 million VND. In 2014, the total revenue was 3.2 billion
VND, except for the cost of 2.6 billion VND, the profit reached at 600 million
VND. In 2017, the total revenue was nearly 10 billion VND but due to losses in
investment in pig production, except for
expenses, profits remained at 600 million VND. In the first months of this
year, he has just exported over 30 tonnes of pigs at the price of 42,000 VND/
kg, the increasing market price helped him partly offset the loss of pig
production last year.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
