(HBO) – Statistics showed that average income of members of the veteran association in Thanh Luong commune, Luong Son district, was 29 million VND per person last year. There were six poor members in the association, accounting for 3 percent.
Nguyen Van On, a member of the
veteran association in Thanh Luong commune (Luong Son), has expanded his
farming area of citrus fruits.
We visited the family of Mr Nguyen Van On in Sau Thuong village,
an exemplary veteran who succeeds in economic activities. He now owns an
expanded area of 7,000 sqm growing Celastrus hindsii.
Local climate provides suitable conditions for growing Celastrus
hindsii so he can harvest the crops three times per year, earning about 60
million VND annually.
To improve income, he has transformed his garden into a farm
planting about 230 pomelo trees of different varieties, like Tan Lac pink
pomelo, Dien pomelo and pummel (green-skin pomelo), since 2015. The pomelo farm
expects to see first harvest in 2019.
Viewing economic development as a key task, members of the
communal veteran association have united and encouraged each other to initiate
new business models. Since 2015, the veterans have enlarged their citrus farms
to nearly 20 hectares, following the VAC model, a highly intensive method of
small-scale farming in which food gardening, fish rearing and animal husbandry
are integrated; integrated animal husbandry and aquaculture. Furthermore, some
members have also succeeded with businesses far from home, earning an income
ranging from 100 million to 200 million VND per year.
As of June 2018, the association have been authorised to manage
three credit provision groups to give its members easier access to soft loans.
These groups have offered some 4.7 billion VND in soft loan to the veterans.
Besides, association members have raised a fund of 166 million VND
with contribution averaging 834,000 VND per person. Notably, contribution of
each veteran in Sau Thuong village was valued at 1.068 million VND per person
in average while Sau Ha village received 1.35 million VND from each person in
average.
Every year, the association teams up with other organisations to
open 3 – 4 training courses that introduce new advanced agricultural technology
to the members./.
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.