(HBO) - Over recent years, the Farmer Support Fund has proved effective and become a substantive credit channel to help farmers in Hoa Binh province develop production, gradually ease poverty and raise income. This kind of capital has helped many farmers build and develop models of cultivation, husbandry, business and services, thus contributing to agricultural restructuring and socio-economic development.
Luong Son district Farmers' Association disbursing
loans from the Farmer Support Fund to its members.
It has been more than three years since 10 households in Xam
Khoe commune (Mai Chau) received loans from the fund for a cow breeding project
entrusted by the Vietnam Farmers' Association Central Committee. With the
initial amount of 500 million VND (21,260 USD), the households have used the
capital for the right purpose, and the principal has been repaid fully and on
time, bringing practical economic benefits to them. After three years, their
combined revenue tops 1.2 billion VND; and 12 locals have jobs with stable
income.
Luong Van Hoang, head of the Farmers’ Association of Xam
Khoe commune, said that funding from the Farmer Support Fund not only helps
households develop their economy, but also contributes to the commune’s
socio-economic development.
In 2022, the value of the fund increased by 6.96 billion
VND, bringing the total to 46 billion VND, of which 14.85 billion VND was from
the Vietnam Farmers’ Association Central Committee; 12.249 billion VND from the
provincial budget; 9.98 billion VND from district budget; and 8.93 billion VND
from officials and members. Thousands of farmers have gained access to loans
from the fund, so they have gradually risen out of poverty and stabilised their
life.
Nguyen Thi Huong Hai, Vice President of the provincial
Farmers' Association, said that the fund has become a fulcrum helping local
farmers in expanding production and business, and increasing income.
In order to create unity in awareness and actions of the
associations at all levels, contribute to building, consolidating and enhancing
the core role of the associations, and improve the operation of the fund, the
provincial Farmers' Association have regularly urged the all-level associations
to inspect and supervise the use of loans, directed them to cut unnecessary
procedures, and collaborated with three entrusted banks to work to improve the
efficiency of loans./.
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.
