(HBO) - A delegation from the Korea International Cooperation Agency (KOICA) led by Director General of KOICA's Department of Corporate Partnership Lee Sang-back had a working session with the provincial People's Committee on a public-private partnership project on reducing emissions from deforestation and forest degradation in developing countries (REDD+) on March 29. It was received by Dinh Cong Su, Vice Chairman of the provincial People's Committee, and representatives from local departments and sectors.
Dinh Cong Su, Vice Chairman of the
provincial People's Committee, speaks at the working session.
KOICA was established by the Korean government
in 1991 with the mission of implementing non-refundable aid programmes for
developing countries, including Vietnam. Every year, KOICA receives more than 1
trillion KRW from the Korean government to support its partner countries.
Apart from the financial support, through KOICA,
the Korean government has shared its experience in the fields of education,
healthcare, public administration, rural development, information technology,
industry and energy, environment, climate change response, and the Sustainable
Development Goals. It also provided expertise in disaster response and
reconstruction.
The above-said PPP project - a technical
assistance one – aims to provide a forest management and monitoring system
based on information-technology and a carbon trading platform.
Specifically, the project applies technological
solutions such as satellite imagery, remote-sensing technology, and machine
learning to accurately estimate the amount of carbon credits and reduce
wildfires and landslides through warning and quick response using AI-based
sensors and an automatic irrigation system in order to manage forests
effectively.
The project is expected to be rolled out in 15
cities and provinces with a total forest area of 5.6 million hectares,
including 1.5 million hectares in hotspots of deforestation and forest
degradation.
KOICA expects Hoa Binh to be the first province
to participate in the project, which features four main activities: reducing
emissions from deforestation and forest degradation, absorbing carbon from
afforestation and reforestation, restoring and protecting natural forests, and
enhancing livelihoods for ethnic minorities.
At the working session, the participants
discussed procedures, advantages, difficulties in the project implementation,
and mechanisms and policies to attract investment in the local forestry sector.
In his remarks, Su expressed his pleasure at
KOICA’s selection of Hoa Binh for the project on reducing emissions from
deforestation and forest degradation, which is also the locality’s strength.
Hoa Binh wishes to continue joining hands with
KOICA in the project implementation, he said/.
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.
