(HBO) - Since the beginning of the year 12 new cooperatives have been established in the whole province, of which Cao Phong and Tan Lac districts have established 2 cooperatives each; Yen Thuy and Kim Boi have established 2 cooperatives each; Lac Thuy, Mai Chau have established 1 cooperative each.
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new cooperative groups have been established: 3 in Kim Boi District and 1 in
Luong Son, reaching 18.5% of the planned target in 2022. Accumulating up to
now, there are 635 collective economic operating organizations in the whole
province, including 413 cooperatives, 3 People's credit funds, 219 cooperative
groups. In addition, there is a representative office of the Vietnam Union of
Cooperatives (headquartered in Hanoi) has been investing in the market
management in the province. The collective economic organizations have been
attracting 15,434 thousand members and 27,425 thousand employees (13,158
thousand regular employees, 14,267 thousand seasonal employees).
The cooperatives participating in the conference promoting supply and
demand and introducing the cooperatives’ products organized by the Provincial
Cooperative Union in Hanoi in April 2022.
Along with propagating and supporting the establishment of cooperatives and
cooperative groups, the Provincial Cooperative Union has also implemented many
solutions to mobilize and admit members. 14 new members have been admitted
since the beginning of the year, reaching 11% of the planned target of 2022.
Currently, the total number of members of the Provincial Cooperative Union is
273 units.
The average revenue of the cooperatives is estimated at 1.17 billion VND a
cooperative, the average profit is 127 million VND a cooperative, the average
income of regular workers is 4.24 million VND a person a month. The average
revenue of the cooperative group is estimated at 110.33 million VND, the
average profit is 29.09 million VND a cooperative group. The difference in
income and expense of the People's Credit Funds reached 1.24 billion VND.
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
