On August 16th, the Community Development Project in Hoa Binh City, under the Good Neighbors International (GNI) Organization, provided 1,300 soapberry seedlings to the Lemongrass Farming Group in Dong Chua Hamlet, Thong Nhat Ward, Hoa Binh City.
The representatives of the GNI
Organization handed over the support to the Lemongrass Farming Group in Dong
Chua Hamlet, Thong Nhat Ward, Hoa Binh City.
The
Lemongrass Farming Group in Dong Chua Hamlet was established with GNI's support
in 2017, comprising 15 member households of Dao ethnic group. Since its
inception, the group has received the support amounting to 400 million VND,
including revolving funds for members and the production equipment such as 5
grass-cutting machines and 13,000 meters of irrigation pipes…
The
group currently cultivates around 30 hectares of lemongrass, each hectare
yields 7-10 tons of roots annually. The group’s total annual production of
lemongrass roots exceeds 200 tons, giving each household an income of 70-80
million VND annually. Lemongrass is a crop that requires little care, allowing
the employees more idle time during the off-season. However, it is grown on
hills and slopes where water retention is challenging due to shallow root
systems. Additionally, the soil used for lemongrass cultivation over time can
become calcified, reducing yield.
To
solve this issue, the group has developed a solution to improve the soil
conditions and expand the market opportunities by intercropping soapberry trees
with lemongrass. Recognizing that it is a sustainable development solution, the
GNI Organization has supported 80% of the value of 1,300 soapberry seedlings,
equivalent to 26 million VND, for the Lemongrass Farming Group in Dong Chua
Hamlet.
Along with cultivation following good agricultural practices, the 3T Cao Phong Agricultural Cooperative (3T Farm), located in Cao Phong town, Cao Phong district, focuses on researching and applying scientific techniques to produce processed products from fresh oranges. This not only helps diversify products but also promotes sustainable consumption while maximising the value of the fresh oranges grown in Cao Phong.
The Xuan Son Cement Plant project, with a total investment exceeding five trillion VND (more than 196 million USD), is under development on a 40-hectare site in Ngoc Luong commune, Yen Thuy district. As one of 14 key projects in Hoa Binh province, the plant is expected to create a breakthrough in the local economy.
The tax sector of Hoa Binh province has proactively implemented key tasks and solutions since early 2025 to complete the state budget revenue target of 5.8 trillion VND (227.71 million USD) assigned by the Government and the Ministry of Finance; and 6.8 trillion VND set by the provincial Party Committee, People's Council, and People's Committee. Land-related revenue remains a crucial source in the locality’s state budget plan in 2025.
With its vast forest land, Da Bac district has focused on reforestation and developing forest economy over the past few years to improve livelihoods and increase income for local residents.
In 2025, Hoa Binh’s banking sector will focus on providing capital to drive production and business activities. Credit institutions in the province are committed to meeting the loan demands of businesses and individuals, fostering economic growth.
According to the Tan Lac District’s Branch of the Vietnam Bank for Social Policies (VBSP), in January 2025, the bank disbursed nearly 18 billion VND to more than 300 poor households and policy beneficiaries. Notably, the employment solution loan program had the highest disbursement, with over 5.1 billion VND, helping 81 employees access the capital to create jobs and develop their economies.