Efficiency from the forestry development project

8/15/2018 - 2:16:56 PM

(HBO) - Forestry Development Project of Hoa Binh province (Kfw7) was implemented from 2006 to August 2017 with funding capital from German Bank for Reconstruction and non-refundable grant aid from German Government, the Reciprocal of Vietnam Government with the long-term goal of "To contribute to the sustainable management of natural resources through planting, managing, forest protection and biodiversity conservation." The project was implemented in the area of Kim Boi, Ky Son, Luong Son, Lac Son districts and Hoa Binh city with a total capital of over 113 billion VND.

The forest being planted following the Project in My Thanh commune (Lac Son).

The Kfw7 project was implemented in the areas of Hoa Binh and Son La provinces. The long-term goal of the project is to contribute to restoring the ecosystem of the watershed forest areas, protecting the irrigation system, using forest resources sustainably and the conservation of biodiversity, creating the model to help national forestry programs in the area improve efficiency, contributing to hunger eradication and poverty reduction. Particularly, some specific targets in our province include: afforestation, natural regeneration and management, protection of over 4,500 hectares of forest, of which 2,600 hectares of new plantation and 1,900 hectares of natural regeneration and protection of natural forests; implementing community forest management of 2,844 hectares / 17 village communities; forest management on the basis of population communities; community development; to conserve biodiversity in the Thuong Tien Nature Reserve, Kim Boi district.

The evaluation final report of the project showed that: the project has established forest, afforestation, natural regeneration and forest management and protection on 5,200 hectares / 4,500 hectares, reaching to 115% of the plan. Community-based forest management has been implemented on 2,100 hectares / 2,800 hectares, reaching at 75% of the plan and 17/17 models, reaching at 100% of the plan. Two objectives of community development and biodiversity conservation achieve 100% of the plan.

For the outputs, 20plans of planning village forest land for use have been participated and completed in 20 communes, with the approvals from the district Committees of Luong Son, Ky Son, Kim Boi, Lac Son and Hoa Binh with a total area of over 12,000 hectares. The investigation of planning the project areas has been completed in 20 communes of 5 districts and city with the area of 8,100 hectares. 710 certificates of land use rights for individuals and households implementing the projects have been given. 81 gardens of seedling trees have been set up in the area. 3,172 saving accounts have been opened for individuals, households and villager communities at the banks with the initial amount of over 25 billion VND.

In the first quarter, the total capital of the credit institutions was estimated at 40,128 billion VND

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.

Lac Son - attractive destination for investors

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.

Hoa Binh accelerating disbursement of ODA, foreign concessional loans

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.

The man who promotes Kim Boi district’s fruit brand

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.

Q1 disbursement of public investment funds reach 15% of yearly plan

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 works hard to boost farm exports

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.