HBO – The Hoa Binh province branch of the Bank for Agriculture and Rural Development of Vietnam (Agribank), the Agribank branch in Son La province, and Xuan Thien Son La Limited Company have signed a credit contract for the Suoi Sap 2A Hydro-power plant project.
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The Suoi Sap 2A
Hydro-power plant project has a capacity of 49.6MW with two turbines. It is
being built by the Xuan Thien Son La Limited Company in Ta Xua and Phieng Banh communes
in Son La’s Bac Yen district.
Leaders of Agribank-Hoa Binh,
Agribank-Son La and Xuan Thien Son La Limited Company sign the credit contract
on Suoi Sap 2A Hydro-power plant project.
The total investment
of the project is 1.562 trillion VND (excluding VAT), of which 694 billion VND is
contributed by the investor, and 868 billion VND is sourced from loans from
Agribank Hoa Binh (347.2 billion VND) and Agribank Son La (520.8 billion VND).
Construction on the
project began in October 2018 and is expected to complete in August 2022. Once
operational, the project is expected to generate electricity for the national
grid, contribute to the State budget and the locality’s socio-economic
development.
The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).
On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.
Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.
In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.
From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.
