(HBO) - Total revenues from forests and forest land of organisations and households in the north-western province of Hoa Binh hit over 281.89 billion VND (12.08 million USD) in the first six months of 2020, according to the forest management sub-department under the provincial Department of Agriculture and Rural Development.
The province planted a total 3,752 ha of
forest in the period. Of the figure, the area of new forests were 639.4 ha and reforestation,
3,112.6 ha. Some 602,600 trees were planted dispersedly in the reviewed period.
In addition, forest resource exploitation was
observed in line with regulations. In the six months, more than 2,935 ha of
forest were exploited, yielding nearly 177,000 cu.m. of wood and 101,751 steres
of firewood.
Furthermore, the province exploited 3,071
cu.m of wood were exploited from trees grown dispersedly and 887,210 bamboos.
The province collected two tonnes of resin, 563.5 tonnes of bamboo shoots,
79.83 tonnes of herbal materials and 2,165 kg of honey.
The province is home to 188 timber
processing establishments of 38 organisations, firms and 150 individuals and
families. In the first half, they bought over 130,000 cu.m of wood totalling 169
billion VND, while produced 106,207 cu.m of wood, raking in 218 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.
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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