The Steering Committee for Cooperative Economic Development of Hoa Binh province organised a conference on January 10 to review its operation in 2023 and launch orientations and tasks for 2024. The event was chaired by Vice Chairman of the provincial People’s Committee Dinh Cong Su.
Vice Chairman of the provincial People’s Committee Dinh Cong Su speaks at the
conference.
In 2023, the Steering Committee for Cooperative Economic Development strictly
maintained operations in accordance with working regulations. Communications
work was enhanced to raise public awareness of cooperative economic
development.
Training courses were organised to improve the quality of human resources for
cooperatives. As many as 31 cooperatives got loans totaling 16 billion VND
(over 653,000 USD) from the province’s cooperative development support fund.
Up to 70 new cooperatives were established in the year, 75% higher than the set
plan, lifting the total to 758. The average revenue and profit of a cooperative
are estimated at 1.52 billion VND and 164 million VND, respectively.
At the conference, the committee’s members focused their discussion on issues
related to production land, cooperative headquarters, criteria for establishing
new cooperatives every year, capital sources, and developing sustainable raw
material areas.
In 2024, the committee will strengthen its leadership and direction for
collective economic development and provide consultation to the provincial
People's Committee to implement the 2023 Law on Cooperatives and policies on
developing collective economy and cooperatives.
Average revenue of each cooperative and income of regular labourers in
cooperatives are expected to increase by 7% and 4%, respectively. At least 20
cooperative models are hoped to be recognised as typical models in the year.
Speaking at the conference, Vice Chairman of the provincial People’s Committee
Dinh Cong Su called on sectors and the committee’s units to strengthen
leadership and direction for cooperative economic development, thus
contributing to promoting the province’s socio-economic development.
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
