(HBO) – The Hoa Binh provincial Steering Committee on Collective Economic Development on January 10 held a teleconference reviewing its 2021 activities. Vice-Chairman of the provincial People’s Committee and its head Dinh Cong Su chaired the event.
Photo: Vice Chairman of the provincial People’s Committee and head of the provincial Steering Committee on Collective Economic Development concludes the event.
As of December 31, 2021, the province was home to 454 cooperatives, up 7.5 percent annually; four people’s credit funds and 211 cooperative teams, up 6.5 percent. Last year, 67 new cooperatives were established, up 3.08 percent annually and 18 cooperative teams, up 20 percent. Two representative offices of the Vietnam Cooperative Union are managing markets in the province. Collective economic organisations attracted 15,200 members and 26,000 workers. Average revenue and profit of each cooperative reached 2.23 billion VND and 250 million VND, respectively while average income of workers stood at 4.16 million VND each month per person. In cooperative teams, their revenue averaged 220.14 million VND each and profit at 56.5 million VND. The gap between revenue and expenditure of people’s credit funds reached 5.73 billion VND. The total profit of collective economic organisations hit 132.37 billion VND, or 0.24 percent of the added value and 0.43 percent of the province’s gross regional domestic product. Revenue to the State budget was estimated at 5.083 trillion VND, equivalent to 0.1 percent of the province’s State budget collection. This year, the steering committee set 12 targets.
Speaking at the event, Vice Chairman Su stressed that in order to fulfil 2022 targets, the steering committees on collective economic development at the provincial and district level need to continue following the Party’s guidelines and State laws and policies on collective economy, disseminating policies and legal documents and improving the capacity of workforce in cooperatives. Further attention must be paid to the implementation of policies on support and incentives for cooperatives in line with the Government’s Decree No.193/2013/ND-CP dated November 21, 2013 regulating in details several articles of the Cooperatives Law, the strengthening of State management on collective economy, and pooling the involvement of social forces and mass organisations at home and abroad for the effort./.
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.
