(HBO) – Hoa Binh province is embarking on a project on zoning off areas for medicinal plants, with priority given to the development of medicinal species with great competitive edges thanks to adaptation to cool climate, gradually meeting domestic demand and exports.
The sachi tree growing
project – a joint work between Inca Vietnam JSC and farmers in 10 provinces and
city – is lauded for its higher economic efficiency than other plants. The company’s
material area has covered 100ha, including 50ha currently under harvest. As a
plant with many uses, sachi has contributed to creating jobs and increasing
rural workers’ income.
Photo: A farmer in Dan Ha
commune, Ky Son district cares for sachi tree
Under a master plan on
medicinal plants till 2025, 24 species of the locality’s strength will be grown
on a site of 2,815ha, costing more than 1.2 trillion VND. Of which, over 415
billion VND will be from the State budget and the remaining from businesses and
people. The capital will help upgrade infrastructure, adopt technological
advances, agricultural encouragement, training, cultivation, trade promotion
and manage the quality of material areas.
Once the master plan is
launched, it is expected that medicine supply to the market will increase by
10-12 times from the current volume, thus meeting demand for medicines and
improving consumers’ health. Nearly 16,000 regular jobs are expected to be created
in the locality, contributing to improving local lives in zoned-off areas.
The stable and long-term
development of medicinal plant areas will help improve economic value on cultivated
area, creating more jobs and improving workers’ income as well as protecting
health of producers, consumers and ecological environment./.
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.
