Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Black star apple products of Yen Tri agricultural
cooperative in Yen Thuy district have been recognised as meeting the 3-star
OCOP standard.
The province is now home to 339 cooperatives operating in the
agriculture sector, providing services for members in cultivation, animal
husbandry, forestry, and aquaculture; and managing and operating irrigation and
rural clean water facilities. Up to 30% of them have products certified by
VietGAP, GlobalGAP, meeting food safety and organic conditions; 10 cooperatives
and one working group have been given domestic cultivation area codes by the
Department of Agriculture and Rural Development; while four others are awaiting
approval for export cultivation area codes. These cooperatives play an important
role in ensuring the effectiveness of social welfare, bringing many benefits
through services to the community members and rural economic life, actively
contributing to the transformation of crop and livestock structures, increasing
agricultural productivity and yield, and improving people's lives that benefit
new rural development drive.
Last year, 70 new cooperatives (75% higher than the plan) and 12 working groups
were established in the province; while 15 cooperatives, 12 working groups, and
one people's credit fund were dissolved. The locality now boasts 758 collective
economic entities, including 546 cooperatives, three people's credit funds, and
209 working groups. There are 640 active and effectively operating collective
economic entities, 79 cooperatives, and 39 working groups that ceased
operations. They draw 16,300 members and 28,000 workers. The average income in
cooperatives reached 4.54 million VND (189 USD) per person per month.
It is evident that the number of collective economic entities is increasing,
and their operational quality is gradually improving, actively supporting the
development of the member household economy through input and output services.
Many new cooperatives have been established while weak ones have ceased
operations or been encouraged to dissolve.
This year, following the provincial Party Committee’s Action Programme No.
11-CTr/TU dated December 6, 2022, implementing the 13th Party Central
Committee’s Resolution No. 20-NQ/TW dated June 16, 2022, on continuing to innovate,
develop and enhance the effectiveness of collective economy in the new phase,
the provincial People's Committee has issued several key measures to create a
positive transformation in the development of the collective economy at the
local level.
Hoa Binh city is transitioning to modern and sustainable agriculture by leveraging its natural advantages to efficiently develop crop cultivation and animal husbandry. The city is applying scientific and technical advancements to farming, processing, and distribution while expanding export markets, significantly increasing production value and incomes for farmers.
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.
