An investment project building a farm at the core of a regional linkage to raise breeding cows is carried out in Tan My commune, Lac Son district

Hoa Binh has many favourable conditions for agricultural production, particularly in the cultivation of fruit trees and the raising of cattle and poultry. During 2008-2017, out of 2,587 firms and investors granted business licences, 174 were involved in agriculture and rural development, or 6.7 percent of the total.

The increase in number of firms choosing to operate in agriculture is attributable to the implementation of State policy, which won approval of the business community. Since 2008, the provincial People’s Committee has licensed 47 investment projects in agriculture and rural development, using a total 27,000 ha of land and more than 5 trillion VND.

Projects in agriculture and rural development are mostly farms raising cattle/poultry and fish, and planting forests, clean vegetable/fruits and medicinal herb. Some examples are the pig raising farm using bio-technology in Lac Thuy, the farm combining high-yield chicken raising and fruit tree and medicinal herb planting in Yen Thuy, the farm and a regional linkage to raise breeding cows in Lac Son, and the forest planting project during 2012-2020 by the Hoa Binh Forestry One Member Ltd Co.

According to statistics, firms operating in agriculture and rural areas have an average annual income of 1.6 billion VND, and their workers have an average monthly salary of 4 million VND. They have created jobs for more than 9,000 local workers, and contributed more than 45 billion VND a year to the State budget./.

Related Topics

Traditional craft villages drive economic growth in rural areas

Kim Boi district applies digital technology to social security services

Positive signs seen in socio-economic landscape in first month of 2025

Market remains stable after Lunar New Year

---

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.