Twelve new cooperatives have been established in the whole province

6/16/2022 - 7:28:30 PM

(HBO) - Since the beginning of the year 12 new cooperatives have been established in the whole province, of which Cao Phong and Tan Lac districts have established 2 cooperatives each; Yen Thuy and Kim Boi have established 2 cooperatives each; Lac Thuy, Mai Chau have established 1 cooperative each.

4 new cooperative groups have been established: 3 in Kim Boi District and 1 in Luong Son, reaching 18.5% of the planned target in 2022. Accumulating up to now, there are 635 collective economic operating organizations in the whole province, including 413 cooperatives, 3 People's credit funds, 219 cooperative groups. In addition, there is a representative office of the Vietnam Union of Cooperatives (headquartered in Hanoi) has been investing in the market management in the province. The collective economic organizations have been attracting 15,434 thousand members and 27,425 thousand employees (13,158 thousand regular employees, 14,267 thousand seasonal employees).

The cooperatives participating in the conference promoting supply and demand and introducing the cooperatives’ products organized by the Provincial Cooperative Union in Hanoi in April 2022.

Along with propagating and supporting the establishment of cooperatives and cooperative groups, the Provincial Cooperative Union has also implemented many solutions to mobilize and admit members. 14 new members have been admitted since the beginning of the year, reaching 11% of the planned target of 2022. Currently, the total number of members of the Provincial Cooperative Union is 273 units.

The average revenue of the cooperatives is estimated at 1.17 billion VND a cooperative, the average profit is 127 million VND a cooperative, the average income of regular workers is 4.24 million VND a person a month. The average revenue of the cooperative group is estimated at 110.33 million VND, the average profit is 29.09 million VND a cooperative group. The difference in income and expense of the People's Credit Funds reached 1.24 billion VND.

Workers excited to return to work after Tet

After the Lunar New Year (Tet) holidays, trade union members and workers in Hoa Binh province returned to work with an excited spirit at the beginning of the new spring. Throughout the workshops, factories and enterprises, they were full of enthusiasm, immediately getting to work, striving to excellently complete tasks and production and business targets.

Sweet, fragrant red grapefruit of Tan Lac

Red grapefruit is a native crop of Tan Lac district, where the fertile soil and favourable climate create ideal conditions for its growth. With over 80% of the area being mountainous, at an altitude of 300-400 metres above sea level, red grapefruits here thrive on well-drained, fertile hillside soil. The region’s large temperature variation between day and night enhances the fruit's nutrient absorption. The local cultivation techniques also contribute to its uniqueness

Business association pledges support for local firms

The provincial business association recently convened a conference to review its 2024 operations and outline plans for 2025. The meeting was attended by Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Duc Hinh along with leaders from various departments and agencies.

Hoa Binh focuses on rural transportation infrastructure development

Hoa Binh province is prioritising rural transportation infrastructure to improve mobility, facilitate trade, and boost socio-economic development.

Two products in Hoa Binh have been recognized as “National OCOP products”

The Minister of Agriculture and Rural Development has just issued Decision No. 377/QD-BNN-VPĐP approving the results of the evaluation and classification of the products of the National One Commune One Product Program in 2024 (phase 3).

Bustling Tet market

As the Lunar New Year (Tet) approaches, the market becomes more vibrant than ever. In Hoa Binh province, preparations for Tet have been bustling since the 20th of the last lunar month, with an abundant supply of goods to meet the growing consumer demand.