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.
Black star apple products of Yen Tri agricultural
cooperative in Yen Thuy district have been recognised as meeting the 3-star
OCOP standard.
The province is now home to 339 cooperatives operating in the
agriculture sector, providing services for members in cultivation, animal
husbandry, forestry, and aquaculture; and managing and operating irrigation and
rural clean water facilities. Up to 30% of them have products certified by
VietGAP, GlobalGAP, meeting food safety and organic conditions; 10 cooperatives
and one working group have been given domestic cultivation area codes by the
Department of Agriculture and Rural Development; while four others are awaiting
approval for export cultivation area codes. These cooperatives play an important
role in ensuring the effectiveness of social welfare, bringing many benefits
through services to the community members and rural economic life, actively
contributing to the transformation of crop and livestock structures, increasing
agricultural productivity and yield, and improving people's lives that benefit
new rural development drive.
Last year, 70 new cooperatives (75% higher than the plan) and 12 working groups
were established in the province; while 15 cooperatives, 12 working groups, and
one people's credit fund were dissolved. The locality now boasts 758 collective
economic entities, including 546 cooperatives, three people's credit funds, and
209 working groups. There are 640 active and effectively operating collective
economic entities, 79 cooperatives, and 39 working groups that ceased
operations. They draw 16,300 members and 28,000 workers. The average income in
cooperatives reached 4.54 million VND (189 USD) per person per month.
It is evident that the number of collective economic entities is increasing,
and their operational quality is gradually improving, actively supporting the
development of the member household economy through input and output services.
Many new cooperatives have been established while weak ones have ceased
operations or been encouraged to dissolve.
This year, following the provincial Party Committee’s Action Programme No.
11-CTr/TU dated December 6, 2022, implementing the 13th Party Central
Committee’s Resolution No. 20-NQ/TW dated June 16, 2022, on continuing to innovate,
develop and enhance the effectiveness of collective economy in the new phase,
the provincial People's Committee has issued several key measures to create a
positive transformation in the development of the collective economy at the
local level.
In the first half of 2024, Hoa Binh province granted new business registrations for 210 enterprises with a total registered capital of more than 4.75 trillion VND (187.5 million USD), an increase of 12% year on year, the provincial Department of Planning and Investment has reported.
The working class in Vietnam in general and Hoa Binh province in particular, has made significant strides in terms of quality and making practical contributions to the country's industrialisation and modernisation process. Establishing a well-organised working class that has professional skills, firm political mettle, capable of leading the innovation process, and actively integrating into global trends of globalisation, is the responsibility of the entire Party and political system. However, there are numerous challenges that hinder the robust development of the working class.
Accessing preferential loans from the Vietnam Bank for Social Policies (VBSP), many households in Tan Lac district have escaped poverty and many students progressed on their quest for knowledge.
The companionship of the preferential loans from the Bank for Social Policies (VBSP) has helped many households in Tan Lac district escape poverty sustainably. Along with that, the policy capital has accompanied with many students in their journey to seek knowledge until they achieve the "sweet fruits”.
In the 2023-2024 winter-spring crop, despite unfavourable weather conditions and negative impacts of market, Hoa Binh has basically achieved targets and even exceeded the yearly plan due to the fact that production direction and preparation of production material was carried out early.
Implementing the criteria on the form of production organization in the program for building New Rural Areas, the Party committees and the provincial authorities at all levels have strengthened the direction and implementation of land consolidation and land exchange.
