(HBO) – Building new-style agricultural cooperatives as part of value chains is significant to ensure stable sales for local farm produce.
Photo: The safe food cooperative in Yen Phu commune (Lac Son
district) provides clean chickens for the market, which win the approval of many
consumers.
Lac
Thuy is one of the leading localities in Hoa Binh province in developing new-style
cooperatives in association with value chains. Last year, the district carried
out three projects on value chains with total investment of 1.5 billion VND,
with one project on chili pepper and pumpkin production in Yen Bong district
and neighbouring region, another on safe vegetable cultivation in Lac Long and
Dong Tam communes, and the third one on ri chicken farming in Dong Tam and Phu
Thanh communes.
The value chains linked farmers and businesses via cooperatives and cooperative
groups. Firms are responsible for providing farmers with varieties and guidance
in farming techniques, and buying all products. Chili peppers, pumpkins and
vegetables were purchased by the Northern Green Agriculture JSC, Vietnam Chili
Pepper Co., Ltd and the safe farm produce cooperative in Lac Thuy district.
Farmers earn around 180 million VND per hectare, triple the profits from traditional
cultivation of rice and maize.
In 2018, Lac Thuy district develops three value chains in safe vegetable
production, cultivation of Bac Huong 9 rice, and goat breeding.
According to the provincial cooperative alliance, most local cooperatives ’
operation still exposes limitations due to weak capacity, loose links among
cooperatives and between cooperatives and businesses, and slow application of
advanced technologies into production. This results in low productivity as well
as shortage of popular brands and sufficient products for the market.
Under the new model that integrates cooperatives in value chains, farmers will gradually
join in all the three phases in the value chain, from production to
consumption, thus raising the value of their products in a sustainable manner.
This is also an inevitable trend for new-style cooperatives in agriculture./.
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.
