(HBO) – More than 2.3 billion VND was added to the fund in support of farmers in Hoa Binh province in the first nine months of this year, completing 66.9 percent of the assigned target.
Of
the amount, 1 billion VND was sourced from the provincial budget, 970 million
VND from district coffers, and over 370 million VND contributed by local
officials and farmers. The fund is now valued at more than 35.6 billion VND.
Farmers in Man
Duc town, Tan Lac district, use capital from the fund in economic development.
The
provincial farmers’ association allocated 7.2 billion VND worth of loans to 245
households. Outstanding bank loans
through the farmers’ association at different levels exceeded 3.45 trillion VND.
The Vietnam Bank for Social Policies offered unsecured loans worth over 848
billion VND while that given by the Vietnam Bank for Agriculture and Rural
Development was over 2.55 trillion VND, and LienVietPostBank, 50 billion VND.
In
addition, to support member farmers in production, farmers’ associations at all
levels have committed to providing them with 2,000 tonnes of fertilizer, 20
litres of Sumagrow organic fertiliser, 459 tonnes of animal feed, 61 tonnes of
corn and rice varieties, and three farming machines.
Under
the signed contract, the associations also helped its members in Cao Phong
district with 320 orange and longan trees, among others./.
Being located more than 10 km from the center of Hoa Binh city, Sen Vang Organic Farm is in Dong Chua hamlet, Thong Nhat ward. This is an ideal destination for those who want to immerse themselves in the nature and find the peace after the hustle and bustle of life. With an area of over 60 hectares, the farm is systematically planned, harmoniously combining the wild natural landscape and diverse experience areas. Sen Vang chrysanthemum tea is produced from organic, completely natural ingredients.
In 2024, Hoa Binh province witnessed signs of economic recovery, particularly in investment attraction. Notably, several projects are showing good progress, indicating that the vitality of businesses is positively correlated with the overall economic recovery.
The 25th Party congress of the Lac Thuy district for the 2020-2025 term identified the development of industry, trade, and services as its top priorities to drive the shift of the economic structure towards increasing the proportion of industry and services while reducing the that of agriculture, thus contributing to creating a motivation for socio-economic development in the locality.
Hoa Binh HKK Knitting Co. Ltd., located in the Hoa Binh Left Bank Industrial Zone, employs nearly 500 local workers with an average monthly salary of 8 million VND (3,150 USD).
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.
