(HBO) – Fifty co-operatives and 16 cooperative groups were established in the northern province of Hoa Binh in 2022, an increase of 35% and 14% respectively compared with those in 2021. By now, the province has a total of 485 cooperatives, four People's Credit Funds, and 209 cooperative groups.
Hoa Binh province’s cooperatives
participate in trade promotion in Hanoi.
Of those, 405 co-operatives, three People’s Credit Funds, and
168 co-operative groups are operating.
The province's collective economic organisations attracted over
17,000 members and created jobs for 28,300 workers.
The average revenue of cooperatives in the province is estimated
at 2.36 billion VND (100,500 USD), up 5.83% compared to that of 2021.
Last year, each cooperatives got an average profit of 260
million VND, 4% higher than that of 2021.
Cooperatives members and workers got an average yearly income of
54 million VND, 8.17% higher than that of 2021.
Tran An Dinh, chairman of the provincial Cooperatives Alliance,
said that from the beginning of last year, the alliance proposed the provincial
People’s Committee mechanism, policies, and measures to support collective
economic organisations, and cooperatives in production recovery.
Many local cooperatives shifted from producing and consuming
products to providing services for their members' production and daily
activities, he said.
The alliance also carried out trade promotion activities in
Hanoi, Lao Cai city, central and Central Highland provinces as well as
those taking place in the southern region.
Co-operatives and cooperative groups in the province signed
contracts with partners across the country on the production and consumption of
products.
In 2021, the COVID-19 pandemic forced many transport, trade, and
tourism cooperatives to suspend their operation. However, in 2022, cooperatives
operating in these two fields made breakthroughs and recovered quickly.
Giang A La, Chairman and Director of Hang Kia Agricultural and
Tourism Service Cooperative in Mai Chau district, said that to attract tourists
last year, the cooperative invested in upgrading rooms and designed new tours
for tourists to explore the forests, enjoy hovering clouds around mountains,
experience farming activities, and learn about the culture of the Mong people.
Besides, the cooperative regularly posted images of nature and
Hang Kia culture on social networks like Facebook or Zalo, La said, adding that
his co-operative actively participated in trade promotion activities in the
provinces and across the country. He said that last year saw a jump in the number of the
co-operative's clients. Its rooms were booked fully on weekends and holidays./.
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.