(HBO) – Hoa Binh province now counts total of 287 agricultural cooperatives, with 19 using high technologies in production and consumption, according to the provincial Department of Agriculture and Rural Development. Of the total, 81 have suspended operation or are newly-established.
The Viba Banana
Cooperative in Lien Son commune (Luong Son district) earns 10 billion VND each
year
The
local cooperatives gather 5,131 members and generate jobs for more than 10,000
labourers.
Up
to 94.6 percent of the cooperatives are operating in the farming sector, while
the remainder specialise in husbandry, fishery, and others. Their average
income is expected to reach 310 million VND at the end of 2020, with profits
worth 177 million VND. Each regular labourer of the cooperatives earns some 38
million VND per year.
The
cooperatives mainly provide agricultural services regarding materials,
fertilisers, land preparation, irrigation, varieties and plant protection. They
have helped to sell 60 percent of the products of their members. Certain
cooperatives such as Ha Phong and Da Giang have carried out product processing
and preservation.
The
cooperatives have significantly contributed to promoting the household economic
model and completing the goals of improving added values and income, and
building new-style rural areas sustainably./.
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.
