(HBO) – The collective economic sector, with cooperatives at its core, has adapted to the market economy and affirmed its role in socio-economic development of Hoa Binh province and its rural areas in particular.
During the COVID-19 outbreak, the collective
sector and cooperatives have maintained operations and ensured income for
labourers.
The Huy Chi Cooperative in Hung Son commune,
Kim Boi district, which specialises in making clothes for export, has generated
jobs for about 50 local labourers.
Over the past 20 years, the collective sector
and cooperatives have grown in both quality and quantity.
Statistics show that as of the end of 2021, the
province counted 228 cooperative groups, up 2.78 percent from 2001; and 476
cooperatives, up 73.9 percent, of which 446 are operational.
The average turnover of each cooperative during
the 2013-2021 period doubled that in 2001-2012, and reached 3 billion USD last
year. Meanwhile, each labourer earns over 4 million VND monthly.
Notably, the cooperatives have promoted major
local products, and many of them have cooperated with supermarkets and big
businesses to expand the consumption market for their products, contributing to
improving product quality and competitiveness.
Bui Huyen, Vice Chairman of the Yen Thuy
district People’s Committee, said cooperative groups and cooperatives have
operated in a wide range of areas like agriculture, handicraft ad
transportation services.
Resources have been mobilised to develop the
collective sector through assisting with the establishment of new cooperatives,
providing them with modern machines, and helping put products on e-commercial
platforms, thus encouraging locals to join cooperatives.
Dinh Cong Su, Vice Chairman of the provincial
People’s Committee and head of the provincial steering board for the
development of cooperatives, noted that cooperatives have brought about
sustainable production outcomes in rural areas, especially disadvantaged and
ethnic minority-inhabited areas.
In up to 65 percent of communes, cooperatives
have actively contributed to the local agriculture-based economy and new-style
rural area building, according to the official.
Hang Kia tourism service and agricultural
cooperative in Mai Chau district was established in June 2021 with 11 members,
of which three households offer community-based tourism services, one
specialises in brocade production, and seven others engage in farming.
Each year, the cooperative welcomes nearly
10,000 holidaymakers and earns some 1 billion VND from tourism. It has also
created jobs for 15 labourers, each with income ranging from 3-5 million VND
per month.
The cooperative’s community-based tourism services
have been recognised as four-star OCOP products by the provincial People’s
Committee.
Hoa Binh now has 58 products of 41 cooperatives
that are rated three stars and above.
Apart from such achievements, limitations still
remain in the collective economic sector such as slow, unstable growth and
modest contributions to the province’s gross regional domestic product (GRDP).
Given this, Hoa Binh aims to raise the sector’s
contributions to the GRDP to 6 percent by 2030, and have 300 cooperative
groups, 730 cooperatives and 10 cooperative alliances, with 27,200 members.
Su said to achieve the targets, the province
needs to raise public awareness of the collective economy and promote the role
of all-level Party Committees and authorities and localities as well as
coordination between departments, agencies and organisations in leadership.
Other tasks include consolidating relevant
mechanisms, promoting new-style cooperative models and investing more in the
models, especially those in agriculture, in disadvantaged and ethnic
minority-inhabited areas./.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.
The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.
