An investment project building a
farm at the core of a regional linkage to raise breeding cows is carried out in
Tan My commune, Lac Son district
Hoa Binh has many favourable conditions for agricultural
production, particularly in the cultivation of fruit trees and the raising of
cattle and poultry. During 2008-2017, out of 2,587 firms and investors granted
business licences, 174 were involved in agriculture and rural development, or
6.7 percent of the total.
The increase in number of firms choosing to operate in agriculture
is attributable to the implementation of State policy, which won approval of
the business community. Since 2008, the provincial People’s Committee has
licensed 47 investment projects in agriculture and rural development, using a
total 27,000 ha of land and more than 5 trillion VND.
Projects in agriculture and rural development are mostly farms
raising cattle/poultry and fish, and planting forests, clean vegetable/fruits
and medicinal herb. Some examples are the pig raising farm using bio-technology
in Lac Thuy, the farm combining high-yield chicken raising and fruit tree and
medicinal herb planting in Yen Thuy, the farm and a regional linkage to raise
breeding cows in Lac Son, and the forest planting project during 2012-2020 by
the Hoa Binh Forestry One Member Ltd Co.
According to statistics, firms operating in agriculture and rural
areas have an average annual income of 1.6 billion VND, and their workers have
an average monthly salary of 4 million VND. They have created jobs for more
than 9,000 local workers, and contributed more than 45 billion VND a year to
the State budget./.
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