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.
Once a mountainous province facing many challenges, Hoa Binh has, after more than a decade of implementing the national target programme on new-style rural area development, emerged as a bright spot in Vietnam’s northern midland and mountainous region. In the first quarter of 2025, the province recorded positive results, paving the way for Hoa Binh to enter a phase of accelerated growth with a proactive and confident mindset.
Hoa Binh province is steadily advancing its agricultural sector through the adoption of high-tech solutions, seen as a sustainable path for long-term development.
The steering committee for key projects of Hoa Binh province convened on May 14 to assess the progress of major ongoing developments
A delegation of Hoa Binh province has attended the "Meet Korea 2025" event, recently held by the Ministry of Foreign Affairs, the Embassy of the Republic of Korea (RoK) in Vietnam, the Korea Trade-Investment Promotion Agency, and the People's Committee of Hung Yen province.
Hoa Binh province joined Vietnam’s national "One Commune, One Product” (OCOP) programme in 2019, not simply as a mountainous region following central policy, but with a clear vision to revive the cultural and agricultural values in its villages and crops.
From just 16 certified products in its inaugural year to 158 by early 2025, the One Commune One Product (OCOP) programme in Hoa Binh province has followed a steady and strategic path. But beyond the numbers, it has reawakened local heritage, turning oranges, bamboo shoots, brocade, and herbal remedies into branded, market-ready goods - and, more profoundly, transformed how local communities value and present their own cultural identity.
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