(HBO) – Over the years, the Hoa Binh Cooperative Alliance have rolled out various measures to support local cooperatives to develop farm produce production and selling chains, thus promoting the economic transition process, creating jobs and improving income for local farmers.
Yen Nghiep bamboo and rattan cooperative
in Yen Nghiep commune of Lac Son district has created jobs with stable income
for many local workers.
A report from the provincial Cooperative Alliance showed that Hoa Binh
currently has 500 cooperatives, along with four people’s credit funds and 209
cooperative groups. In the first quarter of 2023, 13 new cooperatives were
established, completing 32.5% of the province’s yearly target. Local
cooperatives have attracted 11,496 members with 28,758 labourers.
Vo Hoai Giap, head of the Support Division of the provincial Cooperative
Alliance, said the alliance has developed 13 projects to develop agricultural
production towards value chains at total cost of 110.45 billion VND (4.7
million USD), and at the same time held communication activities and training
courses to enhance local cooperatives’ awareness and knowledge of production
linkage.
Giap said that the province has eight cooperatives and six cooperative groups
in aquatic farming and processing with nearly 100 members, mostly in the Hoa
Binh reservoir.
Defining fisheries as a key sector of the province, the Hoa Binh Cooperative
Alliance has focused on supporting local cooperatives in aquatic farming and
processing in the Hoa Binh reservoir, such as providing capital and technical
assistance, helping double and triple economic values for local farmers
engaging in production chains.
Alongside, the alliance has also supported the development of value chains in
chicken and pig raising and the production of some local specialties.
According to a representative of the Hoa Binh Cooperative Alliance, production
in the form of value chains facilitates the development of large-scale material
region and the application of advanced technologies.
In order to enhance the efficiency of supporting activities, the alliance has
set up working groups to connect supply and demand sources for local
cooperatives.
Since the beginning of this year, the alliance has helped local cooperatives to
sell products in Quang Ninh, while coordinating with Moongtea company in Hanoi
to organise a series of activities to introduce typical products of the
province.
The alliance has guided local cooperatives in how to access capital from
various support funds, while fostering linkage among them and between the
cooperatives and other economic organisations, and encouraging the cooperatives
to promote agricultural production chains and developing OCOP (One Commune-One
Product) products in association with the building of advanced and model
new-style rural areas, said the representative./.
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.
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.
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