(HBO) - Over recent years, the Farmer Support Fund has proved effective and become a substantive credit channel to help farmers in Hoa Binh province develop production, gradually ease poverty and raise income. This kind of capital has helped many farmers build and develop models of cultivation, husbandry, business and services, thus contributing to agricultural restructuring and socio-economic development.
Luong Son district Farmers' Association disbursing
loans from the Farmer Support Fund to its members.
It has been more than three years since 10 households in Xam
Khoe commune (Mai Chau) received loans from the fund for a cow breeding project
entrusted by the Vietnam Farmers' Association Central Committee. With the
initial amount of 500 million VND (21,260 USD), the households have used the
capital for the right purpose, and the principal has been repaid fully and on
time, bringing practical economic benefits to them. After three years, their
combined revenue tops 1.2 billion VND; and 12 locals have jobs with stable
income.
Luong Van Hoang, head of the Farmers’ Association of Xam
Khoe commune, said that funding from the Farmer Support Fund not only helps
households develop their economy, but also contributes to the commune’s
socio-economic development.
In 2022, the value of the fund increased by 6.96 billion
VND, bringing the total to 46 billion VND, of which 14.85 billion VND was from
the Vietnam Farmers’ Association Central Committee; 12.249 billion VND from the
provincial budget; 9.98 billion VND from district budget; and 8.93 billion VND
from officials and members. Thousands of farmers have gained access to loans
from the fund, so they have gradually risen out of poverty and stabilised their
life.
Nguyen Thi Huong Hai, Vice President of the provincial
Farmers' Association, said that the fund has become a fulcrum helping local
farmers in expanding production and business, and increasing income.
In order to create unity in awareness and actions of the
associations at all levels, contribute to building, consolidating and enhancing
the core role of the associations, and improve the operation of the fund, the
provincial Farmers' Association have regularly urged the all-level associations
to inspect and supervise the use of loans, directed them to cut unnecessary
procedures, and collaborated with three entrusted banks to work to improve the
efficiency of loans./.
After several unsuccessful attempts to raise pigs, buffaloes and cows, Nguyen Hong Minh who resides in Mui hamlet, Hoa Binh city’s Doc Lap commune decided to try breeding bamboo rat.
Chairman of the Hoa Binh People’s Committee Bui Van Khanh on February 2 held a Lunar New Year meeting with businesses, investors and cooperation in the locality. The event drew Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council Bui Duc Hinh; Vice President of the Vietnam Chamber of Commerce and Industry Hoang Quang Phong; representatives from the Vietnam Association of Small and Medium-Sized Enterprises and the Vietnam Association of Young Entrepreneurs; as well as leaders of local departments, sectors and localities and 200 local businesses, cooperatives and investors in the locality.
Following the successes achieved in 2023, the local agricultural and rural development sector, localities and cooperatives are gearing up for first orders of the year, as part of their efforts to boost agricultural exports.
Most workers at enterprises in the northern province of Hoa Binh have turned to work just one week after the Tet (Lunar New Year) holiday.
The Hoa Binh Power Corporation (PC Hoa Binh) has directed its units to build plans as well as arrange resources to ensure stable electricity for local winter-spring crop production.
On February 28, the Department of Agriculture and Rural Development of Hoa Binh province coordinated with Minh Trung Vietnam Group joint Stock Company, Hoa Binh branch in Luong Son industrial park, Luong Son district organized a ceremony to export Bat Bao lotus porridge to the Japanese.