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Hoa Binh province has mobilised all resources to propel local agricultural products to make inroads into foreign markets, towards lifting the export turnover of key agricultural products to 137.8 million USD by 2030, accounting for 3.4% of the locality’s total export value of goods.
The locality aims to export farm produce to the US, the European Union, the UK, China, Japan, and the Republic of Korea.
Workers of Kim Boi joint Stock Company in Ba Hang Doi town, Lac Thuy district, transport a shipment of bamboo shoots in preparation for export to the Dutch market in February.
To maintain agriculture's role as the 'backbone' of the provincial economy, since 2015, provincial authorities have issued numerous resolutions on developing livestock farming, cultivation, aquaculture, and support for the sale of products>
In August 2015, the provincial People's Committee approved an agricultural restructuring project by 2020 in the direction of increasing value-added and promoting sustainable development. As a result, during this period, the local agricultural sector made great strides, with its average annual growth expanding by 4.5%, accounting for nearly 20% of the province's economic structure.
On the basis of the result, the agriculture and rural development sector of Hoa Binh continued restructuring the agriculture sector in 2021 – 2025 with specific roadmaps.Hoa Binh has set a goal of diversifying export markets, expanding the annual average export turnover by over 18%.
Apart from specifically implementing the agricultural restructuring plan for the 2021 - 2025 period, the provincial Department of Agriculture and Rural Development effectively managed planning in the field of agriculture and rural development, promoted investment attraction in agriculture, and well performed various projects, plans, and solutions to further develop agriculture and rural areas.
Nguyen Huy Nhuan, Director of the provincial Department of Agriculture and Rural Development, said with incentives for agricultural and rural development, investment capital for agricultural development in the locality has significantly increased over the recent times.
Agricultural production has achieved remarkable achievements, with some targets set for the period met and exceeded.With its potential and advantages in land and agricultural techniques, over the recent years, Hoa Binh has continuously expanded areas for producing agricultural products, focusing on producing safe agricultural products with high quality, developing production chains that meet VietGAP and GlobalGAP standards to serve both domestic and foreign markets.
Numerous activities to promote trade cooperation and supply-demand connection have been conducted, helping the locality seek and expand markets for its agricultural products. In 2022 and 2023, local firms exported many agricultural products to the US, the UK, and the EU, including fresh sugarcane, bamboo shoot, orange, and tea.
Appreciating the abundant potential and strengths of his hometown for tourism development, Ha Cong Hung, Deputy Secretary of the youth union of Mai Chau district’s Mai Hich commune, embarked on producing smoked meat with a desire to introduce his homeland's specialty to domestic and international tourists.
Hoa Binh farmers are investing big in their chilli pepper cultivation areas after the first batch of 7.5 tonnes of pickled chilli peppers was shipped to the Republic of Korea (RoK) by Tien Ngan Trade and Investment Co., Ltd last month.
Recognising the role and importance of developing the collective economy, the northern province of Hoa Binh has promptly issued support policies to propel the development of the economy, making important contributions to local socio-economic development.
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
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