(HBO) – Located on National Highway 6, Bam market in Tay Phong commune (Cao Phong district) is where many residents from not only the commune but also neighbouring areas gather to trade agricultural products such as sugarcanes, oranges and grapefruits, etc. However, as an unplanned market, it often causes traffic congestions, posing risks of public disorder and traffic accidents.
Bam
market was formed five years ago with some local households selling farm
produce at a vacant land lot besides National Highway 6. Thanks to the
convenient transport, the goods were quickly consumed at good prices, thus more
people brought their farm produce to the site. At present, the market attracts
a large number of local farmers, with the number of stalls surpassing 200 at
peak time. The market has been a place of choice of traders from
Hanoi,
NamDinh, Hai Duong provinces to purchase quality produce. Besides, it has also
contributed to providing jobs to local labourers.
Traffic congestion often occurs at Bam market in
Tay Phong commune (Cao Phong district), posing risks of
traffic accidents.
Apart
from economic benefits, the market right on the highway blocks traffic, posing congestions
and accidents, said Bui Van Tuoi, Chairman of the People’s Committee of Tay
Phong commune. He added that it is difficult to ensure transport safety and public
order at the area due to the heavy traffic load on the road.
The stalls
and even tents, which use second hand materials, have encroached the road and
ruined the view, Tuoi noted, saying that environmental sanitation is another
problem.
To
tackle the problems while keeping the driving force for the local economy, the
People’s Committee of Cao Phong district approved a plan on building the Cao
Phong produce market on
2.7
hectares of land in Bam hamlet, Tay Phong commune, said Le
Xuan Ha, head of the Environment and Natural Resources Section of Cao Phong
district.
According
to Ha, in April this year, the contractor, the Hai Duong Veterans joint Stock Company,
coordinated with local authorised agencies to pay compensation worth more than
7 billion VND to relocate 60 households in the area.
With a
total investment of 60 billion VND, the Cao Phong market will house 230 stalls and
30 to 50 lorries weighing 20 tonnes each, said Pham Manh Hung, Director of the Hai
Duong Veterans joint Stock Company.
Hung
noted the market, once operational, will be a trading centre for agricultural
products from the locality and surrounding areas, adding that it also helps
reduce risks of traffic congestion and ensure traffic safety on the highway.
The
company is speeding up the work progress so that the market can be put into
operation in the third quarter of 2018 as scheduled.
Meanwhile,
local authorities have taken measures to reduce traffic congestion on Highway 6
during the time the market is under construction.
Duc Anh
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.