(HBO) – In recent years, the local people in Kim Boi district have concentrated on economic developments towards forest production. Forest economic development brings realistic benefits for economy-society, protects watershed forests, protects environment, increases forest cover and creates jobs, ensures stable income and contributes to hunger eradication and poverty reduction for the local people.
The nursery of Mr. Quach Van Canh’s family at
Ma hamlet, Cuoi Ha commune, providing the acacia seedlings has become a
familiar address for many farmers inside and outside the commune.
Mr. Quach Van Canh at Ma hamlet, Cuoi Ha
commune (Kim Boi district) tested the quality of acacia seedlings before
exporting.
Before implementing the nursery model, Mr.
Canh’s family mainly cultivated rice and corns but their productivity and
economic efficiency were very low. It was realized that the movements of
planting forest in the commune as well as in the district have developed
strongly while the supply of seedlings was weak, and the farmers had to
purchase seeds from other places for double price but the survival rate of
trees was low. In 2013, he borrowed 20 million VND from the District Bank for
Social Policies in order to invest in acacia nursery with the area of over 1000
m2. In the first year, Mr. Canh planted one kilo of Acacia
auriculiformis and Acacia mangium. Because of the proper application of
techniques and being hard working to monitor each tree, he got incredible
earnings from over 300 thousand seedlings which have been sold out with the
average price of 400 VND per tree. Excepting for all expenditures, the net
profit was about 35 million VND. Perceiving the high economic efficiency from
the acacia nursery, up to the present, his family has expanded the area by 2000
m2 as well as increased nearly 1 million trees per years. Apart from
all expenditures, his family earns approximately 100 million VND annually.
Because of the nursery, Mr. Canh’s family has currently had a stable life and his
children have sufficient conditions to study. Not only pioneering in economic
development and enriching legitimately, but Mr. Canh also created regular jobs
for five workers in the hamlet with the average income of three million VND per
person per month.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.