(HBO) – In response to the movement "War veterans help each other reduce povery, do business” for the 2016-2021 period, officials and war veterans of Lac Luong commune, Yen Thuy district emulated to improve livelihoods. So far, the commune is home to 10 poor war veteran households, accounting for 3.4 percent, down 77 households compared to 2017. The average income of each veteran reaches 26 million VND per year.
War veteran Quach Van
Vuong in Luong Cao hamlet of Lac Luong commune, Yen Thuy district, develops a garment
processing model to create jobs for local residents.
The first impression when meeting veteran Bui
Xuan Nui in Thong Nhat hamket, Lac Luong commune was his agility and passion
for household economic development. Previously, his family developed
cultivation in combination with animal husbandry, but at a small scale. Since
February 2021, he has developed a buffalo and cow farming model on a site of
120 sq.m with 11 heads. To have a food supply available, he renovated his 3,000
sq.m garden to grow elephant grasses and over 3ha of white sugarcane. He earns
about 200 million VND on average each year.
The communal war veterans’ association has 289
members in eight chapters. During the 2016-2021 period, the movement "War
veterans help each other reduce povery, do business” attracted many veterans
who ventured to escape poverty and make rich in the homeland. The association
urged its members to switch to grow new plants, breed new animals, adopt
technological advances to increase production and quality. The commune has two
working groups, four farms, 18 production and trade facilities owned by
veterans, which generated jobs to nearly 100 local workers with an average
monthly income of 4-6 million VND per capita. At present, the rate of middle
and high-income veterans’ households accounts for 91 percent, and four out of
eight veterans’ chapters do not have poor members.
Apart from developing household economy, war
veterans upheld the sense of solidarity and offered mutual support to escape
poverty sustainably. Each year, funds raised by them are used to create capital
and help poor members. This year, the communal veterans’ association built a
fund worth 130.1 million VND, or 451,000 VND per member on average. In
partnership with the communal branch of the Vietnam Bank for Social Policies
with a total outstanding loan worth 10.1 billion VND, the association helped
223 veterans’ households and residents access loans. It also maintains 2-3
training sessions per year in the fields of cultivation, animal husbandry and technological
transfer. It also partnered with the district veterans’ association to support
the construction of two houses for poor 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.