Learning by himself, Mr. Ngo Kim Quyen in Dong Tien ward, Hoa Binh city, Hoa Binh province has successfully cultured cordyceps. The product meets OCOP 3-star standards.
Mr. Ngo Kim Quyen, owner of QP Gold facility in Dong Tien ward, Hoa Binh city, Hoa Binh province checks products before selling.
In 2016, Mr. Quyen set up QP Gold cordyceps production facility. In 2019, Mr. Quyen spent all of his accumulated capital and loans to build a production zone. Each batch implants about 1,000 boxes of embryos. After 2 months, about 30 kg of fresh cordyceps are harvested, equivalent to 5 - 6 kg of dried cordyceps. Fresh cordyceps mushrooms cost 7 million VND/kg, dried cordyceps mushrooms cost 40 million VND/kg. During the Covid-19 epidemic, his family still earned about 50 million VND each month. Currently, revenue from cordyceps mushrooms has increased by 2 - 2.5 times.
QP Gold facility has 2 product groups from cordyceps mushrooms: fresh and dried cordyceps grown with synthetic organic nutrients and one type grown on silkworm pupa hosts. Products on silkworm pupae are high-end products.
QP Gold facility became an address for a lot of young people in Hoa Binh city and other places to visit, learn from experience, and collaborate in production and consumption of products. A remarkable milestone is that in 2022, QP Gold's cordyceps products were recognized as meeting 3-star OCOP standards. This success helps products sell better. Annual revenue from cordyceps products reaches about 1 billion VND.
Currently, Mr. Quyen and his wife have completed the production area with many machines, such as: modern dryers, a temperature-guaranteed breeding area... In order to let consumers know more about the product, Mr. Quyen introduces from selling embryos to providing seeds and products to the market. He actively participates in investment promotion conferences in Hoa Binh province to search for markets. Through this activity, products are introduced at many fairs and seminars inside and outside Hoa Binh province...
"Continuing to improve farming techniques, focusing on seed sources and perfecting the machinery system to serve the livestock farming process... are the solutions QP Gold continues to improve product quality and promote standards" - Mr. Quyen said.
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.
