(HBO) – Hoa Binh province boasts multiple advantages for trading activities with its location as a gateway to the northwestern region and a convenient transport system linking it with other provinces in the Red River Delta and the northeastern and central regions. However, promoting connectivity and partnership between cooperatives and purchasers is still considered an important step in trade promotion.
A
representative of the Ho Chi Minh City-based Proton One-Member Co. Ltd (second
from right) discusses cooperation in selling fruits at wholesale markets in HCM
City with the Muong Dong agricultural services and trading cooperative (Kim Boi
district).
Supporting trade promotion is key to strengthening
the linkage between producers and consumers.
A supply - demand connection conference was held
in mid-November, gathering businesses, supermarkets and distributors from
Hanoi, HCM City and Hoa Binh province, along with 30 agricultural and food
production cooperatives. It was deemed an important step to open up cooperation
chances in product consumption.
The Proton One-Member Co. Ltd, based in Go Vap
district of HCM City, specialises in developing wholesale markets. Its
representative, Nguyen Hong Long, showed his interest in citrus fruits of Hoa
Binh. He expressed the intention to sign contracts to purchase local citrus
fruits, especially oranges, for sale in HCM City.
There are 262 cooperatives across Hoa Binh
province at present, with 197 or 75.2 percent, involving in agriculture. They
have about 11,270 members, and over 19,800 regular workers. Their goods sales
and services revenue surpass 600 billion VND (25.8 million USD), averaging 2.3
billion VND per cooperative.
Recently, many cooperatives have promoted
connectivity to produce key agricultural products under value chains. With
traceable origin, their products have high and consistent quality while meeting
food safety standards. They have been sold in Hanoi and some other provinces
nationwide and won consumers’ trust./.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
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.
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