Supporting women in innovative startup and business in Lac Son district

10/23/2019 - 5:07:50 PM

(HBO) - According to Bui Thi Ngoi, Chairwoman of the Women’s Union of Lac Son district, women’s unions at all levels in the district have implemented the task of supporting women in innovative startup to develop household economy and reduce poverty in a sustainable manner. The unions helped women in disadvantageous circumstances access economic development models, guided them in how to optimize their own strong points and potential, and created conditions for them to contribute to the local economy.

Doi (michelia tonkinensis) seeds in Be ham het, Chi Dao commune.

Women’s unions at all levels in the district have developed 25 ideas for innovative startups. The idea on "Cultivating the chilli species in Lac Son forest” won a prize at a central-level contest and received a support grant worth 157.9 million VND for implementation.

Another idea on developing and building brand name for Huong Nhuong hilly range chickens got a consolation prize at a provincial-level contest, while the initiative on producing and processing Doi (michelia tonkinensis) seeds as spice was awarded a district-level prize along with 50 million VND to realize the idea.

To ensure stable market for products of agricultural startups, the district Women’s Union proposed to the district People’s Committee to contact trading companies and supermarkets, such as the Tay Bac Centre in Hanoi’s Ha Dong district, Bac Tom store chain in Hanoi, the Vi Hoa Binh supermarket in Hoa Binh city, and safe food stores in Hao Binh city.

The district authorities also helped local producers to participate in the Red River Delta trade and agricultural fair in Bac Niinh province, and the 2019 fisheries fair in Hanoi. Besides, programmes and projects on development in Lac Son and the Tay Bac Centre helped open training courses on startups and idea development for women, and provided over 300 million VND for women’s startups in 2019.

At present, Lac Son district has seven small- and medium-sized enterprises owned by women, along with 125 economic models engaging 6,000 participants, seven of which generated more than 100 million VND in revenue each year.

Some products have gained brand names and met food safety standards under the supervision of the Women’s Union and professional agencies in the district, such as brocade, Can wine (wine in a jar drunk by bamboo tubes), Lac Son chicken, Doi (michelia tonkinensis) seeds, Phu Luong wild chilli and pork. In particular, Lac Son chicken and Doi (michelia tonkinensis) seeds have gained collective IP brands.

For the effective implementation of the task to help members start business, the Women’s Union also coordinated with banks to help more than 4,000 members access loans worth over 5 billion VND./.

PM attends groundbreaking ceremony for electronic PCB factory in Hoa Binh

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, 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.