Twelve new cooperatives have been established in the whole province

6/16/2022 - 7:28:30 PM

(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.

4 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.

Rich and Flavorful Honey of Dao Village

Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.

Lac Thuy district prioritises resources for industrial, handicraft development

In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.

Phu Thanh implements organic practices in tea production

Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.

Hoa Binh works hard to accelerate progress of key projects

Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.

Hoa Binh achieves record-breaking economic growth in Q1

Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.

Hoa Binh focuses on building strong OCOP brands for sustainable growth

Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.