(HBO) – Tens of thousands of farmers in the northern mouantainous province of Hoa Binh are seizing a golden opportunity from surging demand for not only pork but also other meat, such as chicken, beef and goat which are also experiencing jumping prices ahead the upcoming Tet (Lunar New Year) Holiday.
Minh Duc chicken
farm in Bot village, Phu Thanh commune, Lac Thuy district, earns billions of VND from livestock products.
Buffalo and cow
farms across the province have seen great opportunities from growing market
demand while the prices are steadily increasing. It is predicted that the
consumption of chicken, beef, buffalow meat will continue rising next year.
Local farmers have
diversified livestock products and focused on producing alternatives of pork in
the wake of current shortage of pork. They have paid more attention to
enhancing quality of their meat products to promptly supply to the market,
contributing to maintaining the growth of local agriculture and improving
incomes.
According to the provincialStatistics Office, Hoa Binh now
has 119,000 buffaloes, 86,200 cows,
489,000 pigs and nearly 7.6 million poultry heads. This year, the province produced 3,600 tonnes of
buffalo meat, 3,200 tonnes of
beef, 63,000 tonnes of pork, 23,200 tonnes of poultry meat and over 96 million
eggs.
With the
diversification of livestock products, focusing on strong products, replacing
pork in the current market shortage of pork, local farmers actively take care, improve product
quality to supply the market at the right time. Since then, contributing to
maintaining the general growth of the agricultural sector, increasing income
for farmers.
In 2019, though
the output of pork plunged as a consequence of African swine fever outbreak, the cattle herds grew stably as farmers shifted to cattle
for meat production. Production of local specialty chickens in Lac Son and Lac
Thuy expanded, bringing high profits to farmers thanks to the products’
high-quality meat and stable prices. Goat herds also grew as the goat farming
is relatively easy, requires low investment and generates high profits.
Additionally,
consumers’ demand has shifted to alternative meats like beef, chicken and goat,
instead of pork, allowing farmers to earn profits./.
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.