(HBO) – The farmers’ association of Hoa Binh province has held a conference to review the 10-year implementation of a project on enhancing the effectiveness of the farmer support fund from 2011 – 2020, farmers’ campaigns in the first nine months of this year and the implementation of goals for the remaining months.
Leaders of the Hoa Binh farmers’ association present certificates of merit to organisations and individuals in recognition oftheir outstanding achievements in raising and managing the farmer support fund from 2011 – 2020.
The fund increased to nearly 35.9 billion VND from about 1.5 billion VND10years ago whenthe project was launched. It has provided interest-free loans worth around 134.8 billion VND for 527 projects, helping thousandsoffarmer members expand production and create employments.
Statistics show that annual income of farmers in the province averages more than 40 million VND in 2020, compared tothenearly 15 million VND in 2011. Loans taken out from the fund have been used properly and effectively with interest and principal paid on schedule.
The farmers’ association has cooperated with the Hoa Binh branches of Agribank, the Bank for Social Policies and Lien Viet Post Bank to provide easier access to loans for local farmers. More than 3 trillion VND worth of loans have been taken out by hundreds of thousands of farmer households to expand production thanks to these joint efforts.
During the event, attendees outlined achievements as well as challenges of the projects over the last decade. The association announced it had adopted four major tasks and solutions to develop and enhance the effectiveness of the farmer support fund. Awareness campaign will be accelerated to further promote the importance of the fund to farmers.
The association also took the occasion to honour six organisations and six individuals in recognition oftheir outstanding contributions to raising and managing the fund from 2011 to 2020./.
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
