(HBO) – Lac Thuy district in the northern mountainous province of Hoa Binh boasts great potential in forestry development with advantages of land, road and waterway transportation, helping to facilitate the circulation of goods.
The annual afforestation area of the district is
from 850 to 900 hectares in the direction of intensive farming with the
combination of developing non-timber products, contributing to the
transformation of crop structure.
The project on developing bamboo shoots in the
district in the 2022 - 2025 period is expected to create jobs and improve
income for farmers while increasing production value and contributing to the
creation of a facelift for the locality’s economy.
Kim Boi joint Stock Company in Da Hang Doi town, Lac Thuy district, specialsies
in purchasing and processing bamboo shoots.
The bamboo shoot farming area in the district by the
end of 2021 was 155 hectares. In fact, the annual production of bamboo shoots
accounts for about 30% of the district’s total bamboo shoot production.
The district hasa relatively large area of
rocky forest land with many valleys and hillfoots which are suitable for bamboo
shoot development. However, the trade has not fully tapped its potential as
they are mainly grown on a small scale without proper investment and intensive
farming.
The locality has set a target to increase the area
of bamboo shoot growing to 235 hectares by 2025.
Hoang Thu Hang, Deputy Chairwoman of the district’s
People Committee, said the implementation of the project will contribute to
raising the production capacity for local farmers, creating a concentrated raw
material area while improving the value of the forest, creating jobs, raising
people's incomes for the locals, and protecting the ecological environment
while attracting businesses to expand investment in processing, product circulation
and sales of bamboo shoots.
Lac Thuy has also directed localities to study types
of soil to ensure concentrated planting areas in an attempt to facilitate the
process of management and production organisation.
The district has coordinated with enterprises in
various steps from production to harvesting, processing, preserving and
purchasing products to enhance value and build brands for bamboo products./.
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.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.