(HBO) – Located on a hill in Hoa Nghia Ward, Hoa Binh City, Hoa Binh Biopharm JSC has actively applied science in agriculture, especially medicinal herb farming.
The firm was established in July 2013 and a few months later in
2014, it took a brave step to start a study on multiplying and cultivating
cordyceps on organic substances.
On April 10, 2014, it received Certificate No.1/DNKH from the
provincial Department of Science and Technology recognizing it as a company of
science and technology, the first of its kind in the province.
Since then, the department has been creating many opportunities
for the firm in its research and development.
Workers
of Hoa Binh Biopharm JSC tend cordyceps.
The firm’s director Dang Thi Phuong Hao said that the company has
completed the study on multiplying and cultivating cordyceps on organic
substances in May 2015; and its findings were verified and recognised by the
provincial science council. Since then, the company produced hundreds kilogrammes
of fresh cordyceps every year to supply for the production of medicine and
supplementary foods in some domestic pharmaceutical enterprises.
Hoa Binh Biopharm also has its own cordycep products which were
tested on guinea pigs at the Hanoi Medical University and proven to be safe for
human.
The company has been conducting various studies on multiplying and
cultivating several indigenous orchids, morinda officinalis, solanum
procumbens, Yacon, golden eye-grass, jiaogulan, Ming aralia, and dioscorea
hamiltonii./.
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.
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