(HBO) – Lac Son district of Hoa Binh province has worked hard to popularize the Party and State policies on developing collective economy with cooperatives as a core among local people in recent years. It has also consolidated a steering committee for collective economy development and assigned tasks to its members while creating favourable conditions for the collective economy to develop. However, challenges still remain to the implementation of support policies for cooperative development.
Tung Quan
Cooperative for forest farming and processing in Vu Lam commune, Lac Son
creates stable jobs and incomes for its members
The district has 28 cooperative groups with 168
members and workers, mostly in the fields of agriculture, irrigation, and
pesticide spraying services. It is also home to eight cooperatives, including
four agricultural and four non-agricultural ones.
The cooperatives have provided different
services to meet the needs of their members and local residents, for example,
irrigation services, seed supply and farming equipment and distribution. They
have not only created jobs and improved incomes for members but also supported
local socio-economic development.
It was estimated that six communes and towns
have cooperatives following the 2012 Law on Cooperatives while the remaining 22
have none. In addition, no commune engages in a supply chain model.
In the remaining months of this year, the
district will focus on building cooperatives that work in compliance with the
2012 Law on Cooperatives. It also strives to have six new cooperatives
operating under the law and support the establishment of two supply chain
models.
The district has been developing two model
cooperatives including Tung Quang Cooperative in So hamlet, Vu Lam commune and
a chicken farming cooperative in Huong Nhuong commune. Two chicken farming
cooperatives in Huong Nhuong and Chi Thien communes are selected to join the
local supply chain.
The district established and granted business
registration certificates to four new cooperatives in the first half of 2017.
To boost the cooperative economy, Lac Son will
continue communication campaigns to make locals better aware of the role of the
cooperative economy while investing more in science and technology and
encouraging the establishment of a cooperative alliance in order to raise more
capital and recruit more members.
It will also encourage mergers of cooperatives
in the same fields or areas to increase their financial strength and expand
business scale.
The district hopes for more support from the
provincial People’s Committee and departments in training to boost cooperative
development. There should be exclusive policies designed to assist cooperatives
in each sector, especially agriculture.
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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