(HBO) – Building new-style agricultural cooperatives as part of value chains is significant to ensure stable sales for local farm produce.
Photo: The safe food cooperative in Yen Phu commune (Lac Son
district) provides clean chickens for the market, which win the approval of many
consumers.
Lac
Thuy is one of the leading localities in Hoa Binh province in developing new-style
cooperatives in association with value chains. Last year, the district carried
out three projects on value chains with total investment of 1.5 billion VND,
with one project on chili pepper and pumpkin production in Yen Bong district
and neighbouring region, another on safe vegetable cultivation in Lac Long and
Dong Tam communes, and the third one on ri chicken farming in Dong Tam and Phu
Thanh communes.
The value chains linked farmers and businesses via cooperatives and cooperative
groups. Firms are responsible for providing farmers with varieties and guidance
in farming techniques, and buying all products. Chili peppers, pumpkins and
vegetables were purchased by the Northern Green Agriculture JSC, Vietnam Chili
Pepper Co., Ltd and the safe farm produce cooperative in Lac Thuy district.
Farmers earn around 180 million VND per hectare, triple the profits from traditional
cultivation of rice and maize.
In 2018, Lac Thuy district develops three value chains in safe vegetable
production, cultivation of Bac Huong 9 rice, and goat breeding.
According to the provincial cooperative alliance, most local cooperatives ’
operation still exposes limitations due to weak capacity, loose links among
cooperatives and between cooperatives and businesses, and slow application of
advanced technologies into production. This results in low productivity as well
as shortage of popular brands and sufficient products for the market.
Under the new model that integrates cooperatives in value chains, farmers will gradually
join in all the three phases in the value chain, from production to
consumption, thus raising the value of their products in a sustainable manner.
This is also an inevitable trend for new-style cooperatives in agriculture./.
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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