(HBO) – The People’s Committee of Yen Lac district has held a conference to review the efficiency of a chili-growing model for export in the locality in 2018.
The value linkage chain-based chili
cultivation model in the 2017 - 2018 period was successfully piloted in An Lac
commune.
The model has been implemented on 4ha of land
in An Lac commune, using F1 hybrid horn chili variety No. 20 under the form of production and consumption linkage, in the framework of a project on concentrated
chili and pumpkin production
and consumption linkage to ensure food safety in 2017-2018.
Now is the time for harvesting chili, and local farmers involved in the project
can initially evaluate the economic efficiency
produced by the plant, as well as the role played by partners involved in the
value chain.
Accordingly, the F1 hybrid horn chili seed can grow and develop well in An Lac
commune. It is resistant to cold weather. Pest infestation on this plant is at mild
level.
Although chilli cultivation under this
model required more financial and technical investment during the phase of seedlings
care and harvest than the cultivation of rice and maize, its economic
efficiency is superior. According to statistics from the Vietnam Chili Co.,Ltd,
total cost for each sao (360sq.m) of chili is 1,270,000 VND, while turnover is 6
million VND, thus, each sao brings a profit of 4,730,000 VND, translating into 131 million VND in profit
from 1 ha of chili./.
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.