(HBO) - Total revenues from forests and forest land of organisations and households in the north-western province of Hoa Binh hit over 281.89 billion VND (12.08 million USD) in the first six months of 2020, according to the forest management sub-department under the provincial Department of Agriculture and Rural Development.
The province planted a total 3,752 ha of
forest in the period. Of the figure, the area of new forests were 639.4 ha and reforestation,
3,112.6 ha. Some 602,600 trees were planted dispersedly in the reviewed period.
In addition, forest resource exploitation was
observed in line with regulations. In the six months, more than 2,935 ha of
forest were exploited, yielding nearly 177,000 cu.m. of wood and 101,751 steres
of firewood.
Furthermore, the province exploited 3,071
cu.m of wood were exploited from trees grown dispersedly and 887,210 bamboos.
The province collected two tonnes of resin, 563.5 tonnes of bamboo shoots,
79.83 tonnes of herbal materials and 2,165 kg of honey.
The province is home to 188 timber
processing establishments of 38 organisations, firms and 150 individuals and
families. In the first half, they bought over 130,000 cu.m of wood totalling 169
billion VND, while produced 106,207 cu.m of wood, raking in 218 billion VND./.
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.