(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.
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
