(HBO) - In seven months of 2019, the Women’s Union of Mai Chau district carried out a series of activities to assist its members in starting their businesses.
The Women’s Union of Mai Chau
district transfers a charity house to its poor member in Pa Co commune’s Pa Co
Con hamlet.
Understanding the group’s demand for exchanging and learning
from business experiences, the union has organised consultations on the
subject, advising its members on market expansion and encouraging them to join
startup training courses. Regarding female farmers who wish to start their own
businesses, the union guided them to switch from small and ineffective
production models to cooperatives and value chain-based economic models.
Staff of the union focused on helping its members make
business plans and get access to credit via its collaboration with the Vietnam
Bank for Social Policies (VBSP) and the Vietnam Bank for Agriculture and Rural
Development (Agribank).
Currently, different chapters of the union are managing over
64 billion VND (2.7 million USD) of outstanding loans from the VBSP for 1,891
local households, and more than 49.5 billion VND from the Agribank for 838
households.
Apart from promoting startup activities, the union in
collaboration with local authorities has worked to eradicate poverty in
building new-style rural areas. In the first seven months of 2019, it chapters
across the district donated more than 295 million VND, 4,425 working days, and
8,847 kg of rice for disadvantaged members./.
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.
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